HP to Acquire Trustgenix to Bolster Identity Management in HP OpenView Software

HP to Acquire Trustgenix to Bolster Identity Management in HP OpenView Software

HP today announced that it has signed a definitive agreement to acquire Trustgenix, Inc., a leading provider of federated identity management solutions. Upon the closing of the acquisition, HP plans to integrate Trustgenix and its software solutions into the HP OpenView management software portfolio. The acquisition will allow HP to rapidly extend the federation capabilities of HP OpenView, enabling enterprise customers to help their business partners secure access to information residing on different systems.

The deal builds on HP’s recent acquisitions of companies like AppIQ and the recently announced agreement to acquire Peregrine Systems that round out the management capabilities of HP’s enterprise portfolio.

“Identity federation appeals strongly to companies in the telecommunications, financial services, manufacturing and government industries,” said Todd DeLaughter, vice president and general manager, OpenView Business Unit, HP. “Adding Trustgenix solutions to OpenView will bolster our efforts to help customers securely and quickly expand their enterprises to include business partners.”

Read the complete Press Release