October 4, 2021
One Identity has acquired OneLogin, the provider of identity access management (IAM) solutions. The company says this acquisition will expand its unified identity security platform.
One Identity will now enable customers to take a holistic approach to identity security. They’ll do so with privileged access management (PAM), and identity governance and administration (IGA). The company can also offer IAM and active directory management. and security (ADMS) solutions.
The combined OneLogin and One Identity customer bases represent a massive cross-section of the world’s enterprises. One Identity manages more than 250 million identities for 5,000 organizations. OneLogin manages more than 40 million identities for 5,500 customers.
One Identity didn’t say how much it paid for OneLogIn.
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Bhagwat Swaroop is One Identity’s president and general manager.
One Identity’s Bhagwat Swaroop
“The combination of One Identity and OneLogin will certainly provide new opportunities for partners,” he said. “For instance, they will now have an opportunity to help their customers attain an end-to-end identity security strategy. There are four key elements that organizations want to unify in order to improve their overall cybersecurity posture: IGA, IAM, PAM and ADMS. Many existing One Identity partners, as an example, already had access to trusted, proven PAM, IGA and ADMS solutions. Now with the addition of OneLogin’s IAM portfolio, partners can now deliver a complete stack. This not only will enhance the value delivered, but it will also help them differentiate against point solution providers that they compete against — in addition to providing obvious cross-selling opportunities.”
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The market need has been clear for several quarters, Swaroop said.
“With the proliferation of human and machine identities, the race to the cloud, and the rise of remote working, protecting identity has never been more important,” he said. “Bad actors are now exploiting the piecemeal identity security tactics that are common in today’s enterprise. And forward-looking organizations are looking to pursue a holistic approach that will provide greater insight and control. What makes this union so exciting is that we are not only able to help customers unify their identity security strategy but that we’re doing so with technology that is extremely complementary.”
No one else in the industry has what One Identity and OneLogIn have to offer, Swaroop said.
“Now with OneLogin, One Identity has a lead of many years over our market competitors when it comes to delivering a cohesive picture and analysis of identity-related risk, governance and management,” he said. “Plus, as market awareness of the proliferation of identity sprawl grows, we’re further poised to expand our offerings and collaborate further with new and existing partners, across North America and Europe spanning verticals including financial services, health care, manufacturing and telecom.”
Moreover, this acquisition has the potential to drive meaningful incremental business for OneLogin partners, Swaroop said.
“With complementary product lines and a shared vision to deliver unified identity security solutions to the market, opportunities abound for OneLogin partners,” he said. “It is too early to determine the next steps on the two partner ecosystems. But we see many synergies that we expect to drive mutual benefits as we become one organization.”
Brad Brooks is OneLogIn‘s CEO.
“Joining One Identity provides us with the ability to further accelerate our growth and provide additional value for both of our customers,” he said. “With OneLogin’s robust unified platform for both workforce and customer identity access management (CIAM), combining forces with One Identity’s suite of products, including their PAM solution, will allow new and existing customers, on a global scale, to tap into the market’s only unified identity security platform.”
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