IT software provider CA Technologies is stocking up on identity resources with the acquisition of Xceedium.Founded in 2000, the private company provides privileged identity management solutions optimized for on-premise, cloud and hybrid IT environments.
Xceedium is based just outside of Washington, D.C. in Reston, Virginia, also maintaining offices in Canada's capital city Ottawa as well as New Jersey. Along with governmental organizations, Xceedium primarily caters to customers in finance, retail and manufacturing.
CA Technologies, which moved its headquarters to New York City last year, highlighted Xceedium's Xsuite platform in Tuesday's announcement as it will be integrated with the CA Privileged Identity Manager to offer more well-defined roles and access across hybrid cloud deployments.
"The CA and Xceedium combination will reinforce our leadership position in privileged identity management and offer customers a flexible approach to managing privileged identity compliance and risk," said Steve Firestone, senior vice president and general manager for security at CA Technologies, in prepared remarks.
Financial terms of the deal have not been disclosed, but the merger is expected to go through by the end of the current quarter.