A US-based identity tech firm has acquired Symphonic Software, which offers authorisation for protecting APIs, data, apps and resources through identity.
Acquiring firm Ping Identity and Symphonic have collaborated and partnered over the last two years, pairing Symphonic鈥檚 authorisation platform with Ping鈥檚 data privacy and consent products.
Details of the transaction were not disclosed.
The Ping Identity and Symphonic solution allows enterprises to centralise administration and enforcement to critical resources and data for all types of users, applications and devices.
The solution also gives enterprises the ability to address the scalability and performance requirements they need to secure access to critical resources and data.
More than half of the Fortune 100 uses Ping Identity platform, including Microsoft and Amazon.
鈥淲ith increasing data privacy regulations, users are demanding that enterprises give them better digital experiences with more transparency and control,鈥� said Andre Durand, CEO and Founder of Ping Identity.
鈥淭he acquisition of Symphonic accelerates our vision for enterprises to not only maintain security and compliance with confidence, but to easily deliver personalized, trustworthy experiences.鈥�
Founded in 2014, Symphonic Software works with clients in multiple sectors globally from its base in the UK.
鈥淔or the past two years Symphonic has worked alongside Ping to make policy management easy for enterprises,鈥� said Derick James, CEO of Symphonic.
鈥淧ing Identity鈥檚 dedication to their customers aligns well with Symphonic鈥檚 values, and we are thrilled to continue our journey together as one.鈥�