Cryptzone acquires Hisoftware

Cryptzone, a global provider of data security and identity and access management (IAM) solutions, has acquired Hisoftware Inc., a leading provider of governance, compliance and security solutions. The move means that Hisoftware’s product portfolio can provide a highly complementary set of solutions that will enhance Cryptzone’s already robust capabilities in securing critical data in the cloud, on mobile devices, and in customer data centres. The combined company will offer a complete suite of context-aware access control, data security and compliance solutions designed for today’s dynamic, mobile, cloud-centric enterprise IT. Cryptzone will be headquartered in Boston, Massachusetts and have a European centre of excellence in engineering located in Gothenburg, Sweden, its birthplace. Combined, the companies will have more than 700 customers including large global enterprises like JP Morgan Chase, Northrup Grumman, AIG, Proctor & Gamble, State Street Trust, New York Presbyterian, ANZ Bank, and California State University, as well as some large U.S. government agencies such as the Departments of Commerce, Department of Homeland Security, Office of Secretary of Defense, and Department of Treasury/IRS.

Cryptzone will look to integrate Hisoftware’s advanced suite of solutions, including its Compliance Sheriff Web, Security Sheriff and Site Sheriff products, into the company’s existing product set. This will provide expanded and unique capabilities that will allow the company to deliver powerful security that protects enterprise information assets, corporate applications, and other network resources for customers around the globe. Hisoftware’s compliance product allows enterprises and government agencies to validate compliance of internal and external website content against predefined and user-defined policies, including HIPAA, FISMA, WCAG, US Section 508, and GLBA. The company also specialises in delivering content security and site management solutions within Microsoft Sharepoint, a business collaboration platform utilised by more than 80 percent of the Fortune 500, and other unstructured collaborative environments.