Bomgar Acquires Avecto
Purchase adds layers to privileged access management system.
Bomgar, a company specializing in identity and access management, today announced its intention to acquire Avecto, a firm with products and services in endpoint privilege management. Linking the products of the two companies will, according to Bomgar, allow companies to implement least-privilege access.
Products from the two companies will work in concert: Bomgar systems protect the accounts, credentials, and passwords of privileged users in both local and remote connections. Avecto removes the necessity for privilege inflation by allowing privileges to be raised for specific applications and processes.
Bomgar has been growing by acquisition in 2018, buying Lieberman Software earlier in the year. Terms of this transaction, which is expected to close July 31, 2018, will not be disclosed.
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