ColorTokens announces the acquisition of PureID
PureID’s identity and access management skills will be used to power ColorToken’s Xshield platform and help minimize the impact of data breaches.
Enterprise microsegmentation company ColorTokens has announced the acquisition of identity security and access management company PureID.
PureID’s AI-based access regulation will help further increase the security of ColorToken’s Xshield micro-segmentation platform and provide customers with identity-based containerized and cloud environments, IoT and IT environments, and broader user-based policies where user-specific policies can be easily implemented. kept.
“PureID’s identity-based segmentation aligns with our vision of providing stronger segmentation and smarter containment while enabling reliably identified access to business-critical resources,” said Rajesh Khazanchi, CEO of ColorTokens, in a statement.
“These capabilities play a key role in the continuous improvement of our Xshield product to ensure organizations are effectively protected against the increasing risk of cybersecurity threats.”
At the same time, PureID will continue to serve and grow its own customer base for its passwordless and cryptographically secure multi-factor authentication (MFA) platform, PureAUTH.
“We are excited for ColorTokens to leverage PureID’s segment-leading true passwordless identity access management capabilities in its comprehensive breach-ready strategy,” said Ajit Hatti, CEO of PureID.
“Together we will greatly minimize the impact of a breach for businesses.”
