HID Global Acquires HydrantID to Expand Enterprise PKI Management Services for Network Security and IoT Devices
HID Global, supplier of trusted identity solutions, announced that it has acquired HydrantID, a provider of management and automation services to secure enterprise organizations’ data, IT systems, networks, and Internet of Things (IoT). Specializing in public key infrastructure (PKI) as a service, HydrantID has issued over three million PKI credentials and secured over 125,000 domains. HID Global considers HydrantID a perfect complement to HID’s IdenTrust business, which is the world’s leading digital certification authority.
HydrantID provides PKI-as-a-service solutions that address the critical security needs of networks and IoT system for enterprise, government, financial and other information security-conscious customers. The majority of these IoT systems are expected to be online by the year 2020 and use IP-based protocols requiring PKI-based authentication to secure the identities of machines on a network and IoT data.
In addition, increased security and bot attacks against enterprise networks and remote devices, as well as regulatory changes and compliance issues, are creating new risks for small, medium and large enterprise organizations. PKI-based authentication security helps reduce the risks significantly.
“We are evolving HID’s Identity and Access Management business to provide one-stop solutions for PKI services across the enterprise,” said Stefan Widing, President and CEO with HID Global. “With the acquisition of HydrantID, we are now able to offer enterprise customers a broader range of options, plus the flexibility and scalability of PKI-as-a-service to improve information security.”
Based in Salt Lake City, Utah, HydrantID offers certificate authority services that secure IoT systems, enterprise networks, publicly trusted SSL website certificates and client certificates for ecommerce. Utilizing hybrid-cloud trust architecture delivered from a state-of-the-art data center and scalable cloud platform, HydrantID’s solution helps its customers reduce operating complexities while extending the use of certificate-based authentication and encryption across their organization.
A key benefit of HydrantID is its ability to automate certificate lifecycle events and distribution using industry-standard protocols and “out-of-the-box” integration with common enterprise network software and platforms. HID Global expects that the combination of HydrantID and HID IdenTrust certificate authority services will strengthen HID’s Identity and Access Management solution portfolio to solve customer’s digital security challenges. The joint solution portfolio will allow customers to deploy scalable certificate-based authentication and encryption for protection of complex enterprise data and IoT devices.
HydrantID will join HID IdenTrust, under HID’s Identity and Access Management business led by Brad Jarvis, Vice President and Managing Director.