|[March 21, 2014]
Ping Identity Acquires Mobile Identity and Multi-Factor Authentication Provider accells technologies
DENVER --(Business Wire)--
Identity®, The Identity Security Company™, today announced it has
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 experiene.
According to Gartner (News - Alert), 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
"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,
of the Fortune 100, rely on our award-winning products to make the
digital world a better experience for hundreds of millions of people.
for more information.
1. Gartner Magic Quadrant for User Authentication, Dec. 9, 2013. By Ant
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