Ping Identity, which offers multi-factor authentication, single sign-on and secure access, has acquired UnboundID, a provider of customer identity and access management software. Terms were not disclosed. Ping says that the buy Identity adds a user directory for social login, customer preference and profile management.
Andre Durand, CEO of Ping Identity, said: “Delivering a personalised and consistent customer experience across all channels is core to many digital transformation initiatives. UnboundID has clearly earned the trust of global brands as one of the highest performing user and identity directories on the market. In adding the UnboundID team to the Ping family, we will accelerate our vision of a borderless world secured through identity, as we integrate the solution into our Ping Identity Platform, the best enterprise IDaaS solution in the market.”
And Steve Shoaff, CEO of UnboundID, said: “Ping and UnboundID have worked together to meet demanding identity requirements of many customers. Our customers and the market will benefit from greater resources and a broader focus this combination creates. We look forward to sharing the UnboundID capabilities for identity-centric, multi-channel customer engagement and personalisation with Ping’s family of customers.”
Shoaff will join the Ping Identity executive team as Chief Product Officer, responsible for engineering and product management for the joint company.
The two companies report that they have been partners for nearly two years and share well over 20 enterprise customers across the US, EMEA and Asia, including Cisco, Telus and Wawa.
This acquisition is the first for Ping since being acquired by Vista Equity Partners in July. Visit the Ping website for details.
