CA Technologies acquires Xceedium to provide comprehensive offering for combating privileged user security breaches and compliance risks

CA Technologies acquires Xceedium to provide comprehensive offering for combating privileged user security breaches and compliance risks

CA Technologies announced it has signed a definitive agreement to acquire privately held Xceedium, a provider of privileged identity management solutions that protect on-premises, cloud and hybrid IT environments. Terms of the agreement were not disclosed. The transaction is expected to close within the quarter.

Recent mega breaches and growing compliance and audit demands have increased the need to control and manage the credentials and activities of privileged users who have unfettered access to high-value systems that store and process sensitive information. The acquisition of Xceedium will extend CA’s security portfolio, giving customers a comprehensive solution for controlling and protecting IT administrator or other privileged user accounts from external attacks or insider mistakes and malicious misuse.

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