Oracle is to buy single sign-on (SSO) technology vendor Passlogix in efforts to expand its security portfolio.
The two companies already share a close partnership, with Oracle reselling Passlogix software as part of its Fusion Middleware package, but Oracle said it wants to merge the two more closely and enhance its current offerings in the security sector.
The single sign-on technology is already utilised widely on PCs, but Passlogix has been aiming it at the mobile and cloud computing markets which are set to boom over the next few years. Oracle clearly recognises the potential.
Passlogix’s staff will join Oracle once the deal is finalised, but uncertainty surrounds some of its future products. Road maps are already drawn up for the future of the company, but Oracle said it will be conducting a review of these products and making a decision on whether or not to go ahead with them in the near future.
Passlogix was established in 1996, when it kick-started one of the first enterprise single-sign on technologies. Now it has grown significantly, with over 2,500 customers and over 21 million licences sold.
The deal is expected to close by the end of the year. Financial terms of the acquisition were not disclosed.