ColorTokens, a San Jose, CA-based enterprise microsegmentation company, acquired PureID, a UK-based startup providing secure identity and access management.
The amount of the deal was not disclosed.
This acquisition will strengthen ColorTokens’ microsegmentation capabilities by integrating identity solutions. The deal supports security enhancements to ColorTokens’ Enterprise Microsegmentation Platform, Xshield, by incorporating identity-based segmentation for cloud and containerized, IoT/OT, and user environments. With PureID’s AI-based access regulation, ColorTokens expands its next-gen offerings to address the ever-evolving threat landscape and provide key benefits for customers in:
- Cloud and Containerized Environments.
- IoT and OT Environments.
- User Environments.
Led by CEO Ajit Hatti, CEO, PureID is an identity and access management (IAM) company. Its flagship solution, PureAUTH, delivers user identity and regulated access to enterprise resources through a breach-resilient IAM platform.
Led by CEO Rajesh Khazanchi, ColorTokens specializes in making organizations “breach ready” by halting the lateral spread of ransomware and malware within intricate network infrastructures using its platform, which visualizes traffic patterns between workloads, devices, and users, enabling organizations to enforce granular micro-perimeters, swiftly isolate critical assets, and respond to breaches effectively.
FinSMEs
12/09/2024