Thycotic & Centrify Merge to Form Cloud Identity Security Firm

The combined entity will expand on both companies privileged access management tools and expects to debut a new brand this year.

Privileged access management (PAM) providers Thycotic and Centrify have completed a merger to form a cloud identity security vendor, operating under the temporary name ThycoticCentrify.
The merger brings together both companies PAM technologies, an area of the security market expected to grow as organizations struggle with the complexity of securing a number of privileged accounts that continues to increase as more infrastructure and services are moved to the cloud.
ThycoticCentrify plans to create an extensive privileged identity security platform and debut a new brand in the second half of 2021. The combined company is backed by TPG Capital and led by CEO Art Gilliland. Insight Partners, Thoma Bravo, and Public Sector Pension Investment Board (PSP Investments) have taken minority investments.
Read
the full release
for more details.

Last News
▸ ArcSight prepares for future at user conference post HP acquisition. ◂ Discovered: 07/01/2025 Category: security	▸ Samsung Epic 4G: First To Use Media Hub ◂ Discovered: 07/01/2025 Category: security	▸ Many third-party software fails security tests ◂ Discovered: 07/01/2025 Category: security

**Cyber Security Categories**
Google Dorks Database	Exploits Vulnerability	Exploit Shellcodes

CVE List

Tools/Apps

News/Aarticles

Phishing Database

Deepfake Detection

Trends/Statistics & Live Infos

Tags:
Thycotic & Centrify Merge to Form Cloud Identity Security Firm