Acquisition Extends Courion’s Technology Leadership in Identity Analytics and Role Management and Grows European Presence
WESTBOROUGH, MA, May 14, 2015 – Courion®, the market leading provider of intelligent identity governance and administration (IGA) solutions, is excited to announce the acquisition of Bay31 AG (“Bay 31”), an innovative provider of advanced access governance solutions that helps organizations ensure secure access to business processes and reduce the cost of compliance. The combination of the two companies will enable Courion to extend its technology leadership in identity analytics and enhance the company’s product offerings in role mining and role-based access control, particularly for large and complex applications.
Bay31’s solutions, which complement and interface with existing identity management products, leverage proprietary in-memory technology and data-mining algorithms that analyze high volumes of access control data in real-time.
Commenting on the acquisition Chris Sullivan, GM of Intelligence/Analytics at Courion said, “Bay31’s in-memory capabilities will enhance Courion’s existing intelligence and analytics offerings resulting in even faster solutions for the largest and most complex applications. This will enable us to solve important problems that the market has not even considered possible.”
In response to the acquisition, Cris Merritt, founder of Bay31, said, “We are thrilled to join Courion Corporation. The company’s perennial leadership in the Gartner Magic Quadrant for IGA and its installed base of customers will enable us to deliver dynamic analytics capabilities to organizations that need to better manage access to critical information and processes.”
Bay31 team members will be attending CONVERGE 2015 in Las Vegas May 19-21. Customers can meet the team and learn more about Bay31 at CONVERGE. For more information on CONVERGE 2015 and how to attend visitwww.courion.com/converge.
To learn more about Courion’s intelligent IAM solutions for managing both the cloud and enterprise, contact (1) 866.Courion or firstname.lastname@example.org.
With deep experience and more than 600 customers managing more than 10 million identities, Courion is the marketleader in identity governance and administration (IGA), from provisioning to governance to identity and access intelligence (IAI). Courion provides insight from analyzing the big data generated from an organization’s identity and access relationships so users can efficiently and accurately provision, identify and minimize risks, and maintain continuous compliance. As a result, IT costs are reduced and audits expedited. With Courion, you can confidently provide open and compliant access to all while also protecting critical company data and assets from unauthorized access.