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.
