M&A Deal Summary

Identity Automation Acquires 2FA

On August 23, 2016, Identity Automation acquired software company 2FA

Acquisition Highlights
  • This is Identity Automation’s 1st transaction in the Software sector.
  • This is Identity Automation’s 1st transaction in the United States.
  • This is Identity Automation’s 1st transaction in Texas.

M&A Deal Summary
Date 2016-08-23
Target 2FA
Sector Software
Buyer(s) Identity Automation
Deal Type Add-on Acquisition

Target

2FA

Austin, Texas, United States
2FA, Inc. is an operator of cybersecurity company created on the single vision of simplifying authentication. 2FA’s products integrate authentication and single sign-on (SSO) into a single solution. 2FA was founded in 2006 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Identity Automation

Houston, Texas, United States
Category Company
Founded 2004
Sector Software
DESCRIPTION

Identity Automation is a provider of Identity and Access Management (IAM) software products that help customers automate and manage individual user identities (provisioning and lifecycle management) while providing attribute-based and role-based user authentication, authorization, and access privileges within and across on-premises and cloud-based enterprise systems. Identity Automation was founded in 2004 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Texas) 1 of 1
Country (United States) 1 of 3
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-24 HealthCast

Boise, Idaho, United States

HealthCast, Inc. is a provider of enterprise single sign-on (eSSO) and virtual desktop technology for the healthcare industry. HealthCast solutions provide unparalleled speed, secure fast-user switching, automated workflows, and proximity badge features for customers, ranging from large hospital systems to specialty practices. HealthCast, Inc. was founded in 1996 and is based in Boise, Idaho.

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