HOUSTON, March 10, 2020 /PRNewswire/ -- Identity Automation, provider of RapidIdentity, the most complete Identity and Access Management (IAM) platform on the market, today announced its acquisition of Enboard, provider of automated user account management, single sign-on (SSO), smart account provisioning, rostering, and secure encryption solutions for the education market.
Both companies share a history of serving the education marketplace and have a deep understanding of the unique needs of these customers. As school districts across the country try to keep pace with the ever-changing security landscape, the products and services offered by Identity Automation and Enboard simplify this process by delivering a fully integrated IAM solution that balances usability and security. Existing Identity Automation and Enboard customers will achieve greater success with an increased variety of products offered and access to additional resources to strengthen capabilities, lower risks, and enhance user experience.
"Identity Automation and Enboard are both driven by a commitment to excellence in service, expertise, and innovation," said James Litton, Chief Executive Officer of Identity Automation. "Combining RapidIdentity's robust capabilities with Enboard's expertise enables us to better achieve our mutual purpose of helping organizations become more secure through identity-driven security, while enhancing our products and services for our existing and prospective customers."
Enboard has experienced substantial growth since launching its IAM, Data Security, and SSO platform in 2014. With a significant presence in Texas, California, and the southeast U.S., the acquisition by Identity Automation yields a powerful combination of capabilities and significant competitive advantage within the education market.
"We are excited to have our Enboard solution and employees become part of the Identity Automation family. Identity Automation is a market leader with significant resources to drive growth and further product development. Their substantial presence in the education space and deep understanding of the needs of K-12 customers means Enboard customers will continue to receive superior customer service and identity solutions that address their unique needs," said Todd Newnam, Chief Executive Officer of Encore Technology Group.
Carolina Financial Securities, LLC served as exclusive financial advisor to Enboard in the transaction.
About Identity Automation Identity Automation helps organizations secure the new perimeter, increase business agility, and deliver an enhanced user experience with RapidIdentity, the most complete identity, access, governance, and administration platform available. Identity Automation operates globally with tens of millions of identities managed across on-premises and cloud resources. For more information, visit: www.identityautomation.com.
About Enboard Enboard is an enterprise-class, identity and access management platform that delivers automated account provisioning/rostering and personalized single sign-on with unmatched security tools, user self-service, and resource utilization insights. Hundreds of schools and millions of users trust Enboard to make it safe, easy, and efficient to deliver nearly limitless digital applications to students, teachers, and staff from any location or device with a single logon. For more information, visit: www.enboard.com.