M&A Deal Summary

Thycotic Acquires Onion ID

On June 2, 2020, Thycotic acquired software company Onion ID

Acquisition Highlights
  • This is Thycotic’s 2nd transaction in the Software sector.
  • This is Thycotic’s 3rd transaction in the United States.
  • This is Thycotic’s 1st transaction in California.

M&A Deal Summary

Date 2020-06-02
Target Onion ID
Sector Software
Buyer(s) Thycotic
Deal Type Add-on Acquisition

Target

Onion ID

Hayward, California, United States
Onion ID, Inc. is a Privilege and Access Management Solution (PAM) provider to - Secure Access to Servers, Containers, Apps. Onion ID was founded in 205 and is based in Hayward, Calfornia.

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Buyer(S) 1

Buyer

Thycotic

Washington, District of Columbia, United States

Category Company
Founded 1996
Sector Software
DESCRIPTION

Thycotic is privileged access management, a critical layer of IT security that protects an organization's data, devices, and code across cloud, on-premise, and hybrid environments. Recognized as a leader by every major industry analyst group, its modern cloud-ready PAM solutions dramatically reduce the complexity and cost of securing privileged access. Thycotic was founded in 1996 and is based in Washington, District of Columbia.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-08 Cyber Algorithms

Virginia, United States

Cyber Algorithms is a provider of network security analytics solutions that dramatically reduce the time it takes to detect cyber-attacks.

Buy -