SailPoint Closes Acquisition of Intello
AUSTIN, Texas–(BUSINESS WIRE)–SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in identity security for the cloud enterprise, today announced the completion of its acquisition of Intello, an early-stage SaaS management company that helps organizations discover, manage, and secure SaaS applications. With this acquisition, SailPoint customers will soon have deeper visibility and a broader understanding of the full scope of their ungoverned SaaS applications, helping them to drive a seamless process from discovery to governance across the entirety of their SaaS app landscape.
“We are thrilled to welcome the Intello team to SailPoint – they bring a strong and innovative leadership team and SaaS management expertise that will help us deliver quick value to customers,” said Grady Summers, EVP Product, SailPoint. “Their view of SaaS management is through the lens of security, which tightly aligns with our identity security vision and approach at SailPoint. I’m looking forward to working with the new team to address the growing challenge of seeing, understanding, and securing access to SaaS apps across the workforce for our customers.”
With the acquisition of Intello, SailPoint’s customers will be able to quickly wrap the right identity security controls around every newly-discovered SaaS app (and data within) – helping them to shut down shadow IT across the business. This acquisition also provides companies with new types of identity security recommendations. The detailed usage data and analytics that the Intello technology provides combined with SailPoint’s artificial intelligence capabilities will give enterprises a new level of insight needed to better secure their SaaS applications and improve compliance.
“All of us at Intello are thrilled to join SailPoint,” said Barak Kaufman, CEO and co-founder, Intello. “As part of the SailPoint crew, we’ll help to build the future of identity security, combining Intello’s SaaS discovery and insights with SailPoint’s leading identity security platform. SailPoint is shaping the future of IT and identity security, and I look forward to the accelerated momentum in the weeks and months ahead.”
Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.
SailPoint is the leader in identity security for the cloud enterprise. We’re committed to protecting businesses from the inherent risk that comes with providing technology access across today’s diverse and remote workforce. Our identity security solutions secure and enable thousands of companies worldwide, giving our customers unmatched visibility into the entirety of their digital workforce, and ensuring that each worker has the right access to do their job – no more, no less. With SailPoint as foundational to the security of their business, our customers can provision access with confidence, protect business assets at scale and ensure compliance with certainty.
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