a good thing!
Ping Identity Acquires Mobile Identity and Multi-Factor Authentication Provider Accells Technologies
Denver, Colo. — March 21, 2014 — Ping Identity®, The Identity Security Company™, today announced it has acquired accells technologies, a pioneer in context-based mobile authentication. Patented accells technology addresses the lack of security inherent in user-managed passwords and the significant limitations of one-time, token-based solutions. The acquisition allows Ping Identity to quickly incorporate a secure yet simple mobile authentication solution into its comprehensive identity and access management platform. Ping Identity also gains a high-performing team of engineers to drive the organization’s investment in mobile.
Businesses of all sizes are struggling to find the right balance of authentication strength, total cost of ownership and user experience. According to Gartner, Inc., “In the absence of widely available and proven mobile-apt (or mobile-friendly) authentication methods, pragmatism is driving enterprises to implement methods that may not be classically ‘strong,’ but rather are technically feasible, are lower-cost and provide better user experience.”¹
"Authentication in a mobile world is an incredibly complex problem that Ping Identity is taking on with full force," said Andre Durand, CEO, Ping Identity. "Acquiring accells speeds our efforts by adding to our industry pedigree an elegant user experience; secure, context-driven multi-factor authentication; and an expert team to expand our mobile capabilities quickly."
“By integrating accells technologies with Ping Identity we combine our deep domain knowledge, expertise and technology to provide the seamless and secure mobile authentication experience that’s necessary today,” said Eckhard Ortwein, co-founder and CEO of accells technologies. “Access to mobile applications and services will be easier and more secure as a result of the acquisition.”
Terms of the agreement were not disclosed. The acquisition includes patented and patent-pending technologies and a team of mobile engineers based in Petah Tikva, Israel.
About Ping Identity | The Identity Security Company
Ping Identity believes secure professional and personal identities underlie human progress in a connected world. Our identity and access management platform gives enterprise customers and employees one-click access to any application from any device. Over 2,000 companies, including half of the Fortune 100, rely on our award-winning products to make the digital world a better experience for hundreds of millions of people. Visit pingidentity.com for more information.
1. Gartner Magic Quadrant for User Authentication, Dec. 9, 2013. By Ant Allan
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