(Ping + Sxip) = (Internet SSO) + (IAM SaaS)

Wednesday, March 12, 2008

Ping Identity today announced the acquisition of Sxip Access, a pioneering product for on-demand identity management.  The deal enables Ping to accelerate its SaaS program and obtain proven technology for extending its flagship PingFederate product with the complementary Sxip Access feature set and deployment options.  Ping Federate is the world’s first rapidly deployable software for secure Internet single sign-on (SSO).  The Ping and Sxip technologies combine the best identity and access management solutions for software-as-a-service and federated identity.  The acquisition positions Ping Identity as the undisputed leader in secure Internet SSO, bolstering Ping’s installed base and market share.  With nearly 200 enterprise customers and staff distributed across the US, Europe, and now Canada, Ping Identity can solidify its market presence in the SaaS space, which Gartner estimates will grow at double the rate of the total enterprise application market though 2011.  “With the addition of Sxip Access capabilities to PingFederate, we’ll be able to deliver to SaaS customers a comprehensive, secure, and easy-to-use federated identity solution that enables deployment in days rather than the months required with IdM suite vendor products.  The collective technologies and additional talent also will allow us to deliver new features on our product roadmap at a significantly faster rate,“ said Andre Durand, CEO of Ping Identity Corporation.

Reference : http://www.darkreading.com/document.asp?doc_id=148141

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