Symark International, a company that manages user access to Unix and Linux systems, announced the acquisition of BeyondTrust, a company that manages access on the Microsoft Windows platform.
The combined company will operate under the name BeyondTrust, says Matt Collier, executive vice president at Symark. “We felt that the BeyondTrust name was more meaningful in the space we’re in and more relevant,” he says.
The new company will provide a product-suite that automates Privileged Access Lifecycle Management (PALM) in IT environments. With the addition Windows-based privileged management technologies, the acquisition expands the company’s target market size by a factor of almost two and positions.
“With Windows customers that have had a good experience with Privilege Manager we want to sell the Unix/Linux-based products, with Unix/Linux customers we have the ability to sell Windows products,” Collier says.
The company’s products enables customers to maximize security and achieve compliance objectives, while significantly reducing the cost and complexity of managing privileged access to IT resources. The company offers privilege management products for Unix/Linux, Windows desktops and servers, network devices, applications and databases.
All 125 employees from both companies will be retained. Former BeyondTrust CEO John Moyer is now the executive vice president and general manager of the BeyondTrust Windows Business Unit. Eric Voskuil will become chief technology officer of the combined company, responsible for the technical direction of product strategy.