https://techcrunch.com/2021/10/04/one-identity-has-acquired-onelogin-a-rival-to-okta-and-ping-in-sign-on-and-identity-access-management/

More consolidation is afoot in the world of cybersecurity, specifically around services to help organizations manage identity and access. Today, One Identity — which provides tools for managing “zero trust” access to systems, as well as running log management and other governance services for enterprises — announced that it has acquired OneLogin, a rival to companies like Okta, Ping and others in the area of secure sign-on services for end users.

Terms of the acquisition — which officially closed last week, on October 1 — are not being disclosed, but we are trying to find out. For some background, One Identity today it is part of Quest Software, which is privately held by PE firm Francisco Partners. Before that it was a part of Dell. Francisco originally partnered with Elliott to acquire Quest and related assets from Dell back in 2016 as part of the latter’s streamlining efforts, in a deal that at the time was reportedly worth about $2 billion. The company has some 7,500 enterprise customers and says that it manages some 250 million identities.