SAIL - SailPoint intends to acquire an early-stage SaaS management company

SailPoint Technologies (SAIL) to acquire Intello, an early-stage SaaS management company.Intello helps organizations to discover, manage, and secure SaaS applications, particularly the “shadow access” that is currently outside of IT’s purview.“With the rapid adoption and use of cloud technologies in the past year, we want to make it incredibly easy for customers to get their arms around the risk of SaaS app sprawl. Discovery combined with visibility are the name of the game here, and we’ll be able to deliver that to our customers with Intello. With our deep identity security knowledge and expertise combined with Intello’s expertise in SaaS app management, we believe this acquisition will allow SailPoint to fully secure and support this future world of work – enabling secure SaaS adoption at scale with identity security.” comments Grady Summers, EVP Product.

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SailPoint intends to acquire an early-stage SaaS management company