Thycotic Acquires Onion ID to Add 3 New Products to PAM Portfolio.

MANews-(C)2009-2020

US-based access management solutions provider has acquired California-based Onion ID, a PAM solution provider, expanding portfolio with new products to protect enterprise cloud apps, the company said.

Financial terms of the Onion ID deal have not been disclosed.

As part of the transaction, Onion ID will operate under Thycotic brand and leadership.

With the acquisition, Thycotic adds: Thycotic Remote Access Controller, Thycotic Cloud Access Controller and Thycotic Database Access Controller.

This acquisition extends Thycotic's industry leadership for emerging PAM use cases protecting access to SaaS applications, IaaS...

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