PKWARE acquires DCAP software provider Dataguise

PKWARE, an automated data security provider, has acquired Dataguise, a California-based software firm which provides data-centric audit and protection (DCAP) solutions.

The financial terms of the deal were not disclosed.

The acquisition will combine Dataguise’s expertise to discover and protect data and PKWARE’s capabilities in automated remediation. This will help provide businesses with a comprehensive solution to data security and also privacy management, said PKWARE.

Spencer Kupferman – CEO of PKWARE said: “The foundation of our increasingly digital life is centered on our personal data—knowing where it is stored and how it is protected is a business imperative for enterprises.

See also  New York Community Bancorp to acquire Flagstar Bancorp for $2.6bn

“Dataguise is a leader in privacy management; adding its technology creates a best-in-class data security company that helps customers find, classify and protect sensitive data, wherever it is.”

The DCAP software provider is said to cater to brands in financial services, retail and government, healthcare, and other sectors by enabling them in discovering sensitive information across servers, endpoints, SaaS solutions, and also public, private or hybrid cloud environments.

See also  Tech Mahindra to bear vaccination cost for employees globally

The combination of PKWARE and Dataguise is expected to safeguard sensitive data for over 1,000 customers across the globe.

Manmeet Singh – co-founder and CEO of Dataguise said: “We’re proud of the team, solutions and customer base Dataguise built over the past 13 years as we delivered on our vision to help enterprises efficiently discover and defend sensitive data.

“Combining with PKWARE accelerates and expands those advantages, because our customers now have access to a full portfolio of data security and remediation solutions from a single vendor.”

See also  LNG innovator Crown LNG eyes public listing via $600m merger with Catcha Investment

Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.