Acquisition to form the Foundation for Kaseya’s Identity Management as a Service (IDaaS) Offering
BOSTON – Aug. 12, 2014 – Kaseya®, the leading provider of cloud-based IT management software, today announced the acquisition of Scorpion Software, a leading security and authentication provider offering integrated two factor authentication, single sign on and password management solutions. The addition of Scorpion Software’s AuthAnvil products to Kaseya’s leading suite of solutions creates a cloud-based IT management and security offering that is unparalleled in the industry.
Organizations today are faced with an ever-increasing set of challenges related to secure information access. They must provide their employees secure and easy access to a growing number of applications from any device anywhere, and they need to efficiently manage the complexities of providing this. At the same time, credentials are increasingly being stolen or compromised in today’s always-on mobile world. Unauthorized access to sensitive data can cause financial losses, reputation damage, and even expose companies to regulatory penalties for privacy violations. Thus, offering access with the highest levels of security is paramount, while making it easy for organizations and employees to manage their growing set of access credentials is critical to drive efficiencies and compliance with security policies.
Identity and access management is a critical aspect of every MSP and IT department’s capabilities. Scorpion Software is the only identity and access solution to provide integrated two factor user authentication with password management and single sign on, so enterprises and MSPs can quickly and easily enable and manage secure access to all applications, delivering the highest levels of security and efficiency.
“Identity and access management has exploded in importance as global leaders seek solutions to protect their systems and sensitive data from attacks resulting from identity theft and unauthorized system access,” said Yogesh Gupta, president and CEO of Kaseya. “The acquisition of Scorpion Software, whose proven AuthAnvil products are used by over 500 customers worldwide, enables us to provide our MSP and enterprise customers the most comprehensive and advanced solution to these challenges, tightly integrated with their Kaseya IT management product.”
“The combination of Scorpion Software and Kaseya delivers an immensely powerful platform for managing and securing our entire IT environment,” said Scott Brown, President of TimbukTech Inc. “As a joint customer of both companies, we see tremendous value to our business in bringing these two solutions together. This is a smart acquisition for Kaseya and we are looking forward to the future directions that Kaseya is taking its IT management and security portfolio.”
The AuthAnvil solution adds key features to Kaseya’s IT management offering including:
- Single Sign On (SSO) — Offers one login for all applications, saving time and avoiding the security and efficiency challenges posed by password proliferation
- Web-Based SSO — Automates web logins that do not support single sign on
- Secure Remote Access — Provides secure connection to business resources from virtually anywhere
- Multi-Factor Authentication — Proves the identity of the individual when they login
- Credential Management — Centrally organizes and controls passwords for employees and customers
- Compliance — Enables organizations to prove compliance and meet audit requirements for PCI, HIPAA, SOX, CJIS and other standards
- Password Automation — Automates the expiration and changing of passwords both on-premise and on the web
- Password Auditing — Allows users to meet compliance obligations and gain visibility to password access
With the combined Kaseya and AuthAnvil technologies, Kaseya will deliver the industry’s first comprehensive and integrated Security and IT Management as a Service solution.
The Scorpion Software technologies will also be used to offer the highest levels of secure access to the Kaseya suite of products.
“We are extremely excited to be joining Kaseya, the leading IT Management Cloud software provider for MSPs and mid-market enterprises,” said Dana Epp, founder of Scorpion Software. “We share Kaseya’s vision of an integrated cloud platform for IT management and security, and look forward to offering the new combined solution to our customers.”
Kaseya continues to innovate in delivering a complete and integrated IT management solution. In addition to its acquisitions, Kaseya is setting the pace in the industry, by delivering new innovative product releases across its portfolio every four months. This acquisition further extends Kaseya’s leadership position in providing the most complete cloud-based solution for MSPs and mid-market enterprises.