SailPoint has agreed to purchase early-stage vendor Intello to extend the right security controls to ungoverned SaaS applications that lie hidden across an organization’s environment.
The Austin, Texas-based identity security vendor said its proposed acquisition of New York-based Intello will help customers discover, manage and secure SaaS applications that are currently outside the IT organization’s purview. The deal will address the current lack of visibility into what SaaS applications exist across a business as well as help properly manage and secure access to those apps for all workers.
“With the rapid adoption and use of cloud technologies in the past year, we want to make it incredibly easy for customers to get their arms around the risk of SaaS app sprawl,” SailPoint Executive Vice President of Product Grady Summers said in a statement. “Discovery combined with visibility are the name of the game here, and we’ll be able to deliver that to our customers with Intello.”
[Related: SailPoint Buys Two Cloud Security Startups For $37.5 Million]
Terms of the proposed Intello acquisition were not disclosed. SailPoint’s stock remains unchanged at…
