Oracle Will Acquire Passlogix

Yesterday Oracle agreed to purchase Passlogix, an enterprise single sign-on (ESSO) solutions provider. The acquisition will take place at the end of this year, as financial details and logistic details are discussed and agreed upon. Oracle decided to buy Passlogix to be able to provider deeper integration and to expand its OEM relationship.

Passlogix provides products that aid enterprise companies with security. Security is simplified and improved with Passlogix’ solutions. More specifically, the security solutions enable SSO (single sign-on) for different applications, such as web-based applications, client-server and the mainframe. Passlogix provides a combination, which in turn allows companies to advance their identity management and authentication abilities. Passlogix products already integrate with Oracle solutions, so it should be a fairly easy transition.

The Vice President of Oracle Identity Management, Amit Jasuga, commented. He said, “Driven by regulatory mandates, organizations are being pressured to provide stronger authentication mechanisms while reducing the number of passwords required. Passlogix and Oracle have had a successful OEM relationship for more than three years and have many of the same customers. With the addition of Passlogix, we expect to provide a complete enterprise-scale identity management solution and be able to provide more global reach and support resources to customers.”

Enterprise companies from different industries, such as Financial Services, Government, Healthcare, Communications and Retail, have used Passlogix’ solutions. The President and CEO of Passlogix, Marc Boroditsky, commented. He said, ““Passlogix and Oracle have a shared vision on providing customers with an integrated solution that helps advance and improve security for the entire identity lifecycle. Passlogix’ products already integrate with Oracle Identity Manager, Oracle Access Manager and Oracle Internet Directory and we look forward to expanding the scope of our solutions and making them available to a broader audience.”

Passlogix will become a part of Oracle at the end of this year.

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