10-05-10 Oracle Buys Passlogix

 

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Adds Enterprise Single Sign-on and Network Authentication Capabilities to Oracle Identity Management Suite

 

Redwood Shores, CA – Oct. 5, 2010

 

News Facts

 

  • Oracle has agreed to acquire Passlogix, a leading provider of enterprise single sign-on (ESSO) solutions.
  • The acquisition expands a successful OEM relationship, and will provide deeper integration with Oracle.
  • Passlogix products help organizations improve and simplify security by enabling SSO for a broad range of applications including client-server, mainframe and web-based applications.
  • The combination provides enterprises with a complete identity management solution to further advance their identity management, compliance and authentication initiatives with even tighter integration capabilities.
  • Passlogix products have been selected by marquee companies across multiple industries including Communications, Financial Services, Government, Healthcare, and Retail.
  • The transaction is expected to close this year. 
  • Financial details of the transaction were not disclosed.