Oracle Buys Enterprise Role Management Leader Bridgestream
Strengthens the Industry's Most Comprehensive and Feature-rich Identity Management Solution
REDWOOD SHORES, Calif., Sept. 5 -- Oracle today announced that it has acquired Bridgestream, Inc., a leading provider of Enterprise Role Management software. Enterprise Role Management has emerged as a key component of identity management deployments to improve overall security and address regulatory requirements. By adding Bridgestream's leading role discovery, definition and management capabilities to Oracle's widely adopted access management and user provisioning solutions, Oracle provides the most comprehensive and feature-rich identity management solution. Oracle's Identity and Access Management Suite is a component of Oracle Fusion Middleware, the industry's fastest growing, most standards-compliant, and best-of-breed technology foundation for Service-Oriented Architecture.
"With the acquisition of Bridgestream, Oracle can help organizations streamline compliance related tasks and automate role management," said Hasan Rizvi, vice president, Identity Management and Security Products, Oracle. "We believe that the combination of Bridgestream's Enterprise Role Management capabilities and Oracle Identity Management will enable the next generation of integration between security and business process controls by delivering a closed-loop solution that combines role discovery, modeling, enforcement, attestation and audit in a single integrated solution."
Increased focus on compliance regulations, such as Sarbanes-Oxley and HIPAA, has created a need for organizations to strictly control access to sensitive systems and monitor access privileges regularly. However, managing and monitoring who has access to what, on an individual user and resource basis, can be costly for large organizations. Bridgestream's SmartRoles and Discoverer products address these issues by enabling role-based access control, where privileges are grouped by business roles, managing access and improving compliance. Enterprises use these products for analyzing existing access rights to define candidate roles, administering roles across the entire user population and enforcing segregation of duties during role assignment.
"Bridgestream's core competency in Enterprise Role Management complements Oracle's already strong presence in identity and access management," said Mark Tice, president and CEO of Bridgestream. "This combination will enable us to accelerate the deployment of identity management solutions for our joint customers and prospects."
Financial details of the transaction were not disclosed. More information is available at http://www.oracle.com/Bridgestream.
About Oracle Identity Management
Serving as the security backbone for Oracle Fusion Middleware, Oracle Identity Management helps customers and partners decrease security threats across diverse IT environments while helping address governance, risk and compliance needs. Oracle Identity Management was the market's fastest growing suite of Identity Management products in 2006, based on total software revenues worldwide. Oracle Identity Management's support of industry standards such as WS*, XACML, SAML and SPML helps enable customers and partners to more easily integrate applications with the framework. The family of best-in-class software includes Oracle Identity Manager, Oracle Access Manager, Oracle Enterprise Single Sign-On Suite, Oracle Identity Federation, Oracle Virtual Directory, Oracle Internet Directory, Oracle Management Pack for Identity Management and Oracle Web Services Manager; all of which can be used in its entirety or as individual components. To learn more, visit http://www.oracle.com/identity.
About Oracle
Oracle (NASDAQ:ORCL) is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com/.
Source: Oracle
CONTACT: Letty Ledbetter, +1-650-506-8071, letty.ledbetter@oracle.com,
Web site: http://www.oracle.com/
