M&A Deal Summary

Ping Identity Acquires accells technologies

On March 21, 2014, Ping Identity acquired internet software and services company accells technologies

Acquisition Highlights
  • This is Ping Identity’s 1st transaction in the Internet Software and Services sector.
  • This is Ping Identity’s 1st transaction in Israel.

M&A Deal Summary

Date 2014-03-21
Target accells technologies
Sector Internet Software and Services
Buyer(s) Ping Identity
Deal Type Add-on Acquisition

Target

accells technologies

Petah Tikva, Israel
accells technologies Ltd. is a provider of cloud based mobile identity service enabling people to use their smartphone for fast, easy and secure identification and access to any service – professional and personal – across any channel at any time.

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Buyer(S) 1

Buyer

Ping Identity

Denver, Colorado, United States

Category Company
Founded 2016
Sector Information Technology
Revenue 299M USD (2021)
DESCRIPTION

Ping Identity engages in Identity Defined Security for the borderless enterprise, allowing employees, customers, and partners access to the applications they need. Protecting over one billion identities worldwide, the company ensures the right people access the right things, securely and seamlessly. More than half of the Fortune 100, including Boeing, Cisco, Disney, GE, Kraft Foods, TIAA-CREF, and Walgreens, trust Ping Identity to solve modern enterprise security challenges created by their use of cloud, mobile, APIs, and IoT. Ping Identity was founded in 2016 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 9
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 7
Country: Israel M&A 1 of 2
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-02 UnboundID

Austin, Texas, United States

UnboundID Corp. is a software platform for customer identity and access management. Enterprise customers select the UnboundID Platform to modernize traditional Identity and Access Management systems, and enable new customer-facing digital business initiatives that provide real-time personalization and delivery of a consistent customer experience across channels and devices.

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