“…the Singular Key solution will be offered through the PingOne Cloud Platform, allowing Ping Identity clients to attain faster deployment speeds, accelerate cloud migration, and avoid vendor lock-in while keeping costs down.”
Ping Identity has acquired Singular Key, adding the latter’s identity and security solution to its own portfolio.
The latter company offers what it describes as a “no code” means of integrating a number of identity verification and authentication solutions for the enterprise. Its solution operates through a single API meant to be deployed only once on relying third party apps, and offers support for multiple third party IAM solutions out of the box. The aim is to streamline the integration and configuration of identity security mechanisms for enterprise decision makers.
Now, the Singular Key solution will be offered through the PingOne Cloud Platform, allowing Ping Identity clients to attain faster deployment speeds, accelerate cloud migration, and avoid vendor lock-in while keeping costs down.
“Identity security is often complicated by a tangled mess of poorly integrated cloud, legacy software and API services,” explained Ping Identity founder and CEO Andre Durand. “Singular Key’s no-code identity orchestration makes integrating identity and other enterprise apps simple, allowing customers to achieve better end user experiences in less time.”
The acquisition offers the latest sign of Ping Identity’s aggressive efforts to build its identity platform. After launching its own selfie-based onboarding solution, PingOne Verify, in February, the company went on to integrate Silverfort into its PingFederate platform in June, and it acquired behavioral biometrics specialist SecuredTouch that same month.
For Singular Key, Ping’s latest acquisition deal represents an opportunity to work with a major player in the enterprise security space, according to CEO Jatin Maniar. “Joining forces with Ping Identity, a company that is the identity infrastructure backbone for the world’s largest global businesses, is the perfect fit for our team, and allows us to better serve our customers and partners,” he said.
Financial terms of the deal have not been disclosed.
September 28, 2021 – by Alex Perala