Bomgar Acquires Lieberman Software Adding Privilege to Access
With the acquisition, Bomgar will offer a comprehensive Privileged Access Management (PAM) platform that provides protection against the most pervasive and dangerous cyber-threats, combining Lieberman’s Rapid Enterprise Defense Suite. Terms of the transaction were not disclosed.
The combined product suite will see Bomgar offer privileged account auto-discovery, credential management and rotation across an enterprise, service account management and privileged session management to securely monitor and record privileged access sessions.
“We’re thrilled to join Bomgar and add our solutions and expertise to its leading Secure Access platform,” said Philip Lieberman, founder and CEO of Lieberman Software.
“Lieberman’s customers and partners will continue to benefit from our innovative privileged identity and credential management solutions, with the added value of Bomgar’s secure remote and privileged access technology. As a combined company, we can further lead the market in developing modern PAM solutions that solve the most complex enterprise challenges.”
Matt Dircks, CEO of Bomgar, added: “The addition of Lieberman Software underscores our commitment to delivering world-class secure access solutions that significantly enhance the security posture of our customers without forcing them to compromise business agility or sacrifice productivity.
“We’re excited to welcome the Lieberman team to the Bomgar family, and look forward to providing the exceptional products and service that both Bomgar and Lieberman customers have come to enjoy. With our combined technologies, we will deliver a true defense-in-depth PAM solution with a quick time to value, rapid deployments, and a winning user experience.”
In an email to Infosecurity, independent analyst Bob Tarzey said that despite being a relatively new company, 15-year-old Bomgar has moved into the privileged access management mainstream through the acquisition of the veteran vendor, Lieberman, who were founded in 1978.
“One Identity seems to be doing well since it broke away from Dell during the Quest divorce, Balabit will add PAM pedigree to its portfolio. It is good to see the whole PAM sector doing well, as controlling privilege is a keystone in the effort to protect against cyber-threats.”
Source: Information Security Magazine