Ping Identity acquires Sxip Access
Ping Identity announced that it acquired Sxip Access for an undisclosed sum. The rationale of the acquisition is to allow Ping Identity’s products to meet enterprise-wide, typically SSO challenges. This is important to be able to further extend Ping’s market share with software-as-a-service providers. Is it a breakthrough? Hardly. Questions still remain as to how major enterprises can integrate Ping Identity’s new extended product line with an existing infrastructure in identity management and provisioning. Forrester increasingly sees broken ladder steps in the progression from the SMB market to the enterprise market for those identity and access management (IAM) vendors that have incomplete IAM product lines. Ping Identity still needs to make substantial investments to build an IAM suite, or forge strategic partnerships with pure-play provisioning and role vendors to successfully compete long-term in the IAM arena of large vendors.