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October 6, 2010

Oracle to buy Passlogix

To provide enterprises with a complete identity management offering

By CBR Staff Writer

Oracle has agreed to acquire Passlogix, a provider of enterprise single sign-on (ESSO) offerings.

Passlogix products allows organisations improve and simplify security by enabling SSO for an array of applications including client-server, mainframe and web-based applications.

Oracle said that the acquisition will enable it to provide enterprises with a complete identity management offering to advance their identity management, compliance and authentication initiatives with tighter integration capabilities.

Oracle identity management vice president Amit Jasuja said, Passlogix and Oracle have had a successful OEM relationship for more than three years and have many of the same customers.

"With the addition of Passlogix, we expect to provide a complete enterprise-scale identity management offering and be able to provide more global reach and support resources to customers," Jasuja said.

Financial details of the transaction were not disclosed.

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The company expects to close the deal by this year end.

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