CyberArk (NASDAQ: CYBR) and  Device Authority, in collaboration with Microsoft, have launched a solution that strengthens and scales connected device authentication to enterprise applications with Zero Trust principles. It helps manufacturers reduce cyber risk from connected devices in factory floors and edge environments with robust identity security, automated access management and device lifecycle protection.

Integrated solution will reduce total IT costs, extend the lifespan of current releases and deliver advanced enterprise AI, workflow and automation capabilities without need for upgrades, migrations or additional IT budget

COMPANY NEWS: Rimini Street, a global provider of end-to-end enterprise software support and innovation solutions and the leading third-party support provider for Oracle, SAP and VMware software, today announced a strategic partnership with T-Systems North America, a leading provider of hosting, digital services, security and IT solutions. This alliance combines the strengths of both companies to provide enterprises with enhanced software support, managed services, and hosting solutions, helping organisations reduce costs, improve IT stability, and accelerate their digital transformation.

COMPANY NEWS:

Key highlights: 

• Atturra Limited (Atturra), through its subsidiary Atturra North America Inc, has simultaneously entered into and completed a Membership Interest Purchase Agreement (MIPA) to acquire the membership interests of Project Delivery Services LLC (Kitepipe) (Acquisition), an award-winning Boomi partner with full platform suite expertise.
• The acquisition will cement Atturra’s position as a market leader for Boomi services with a strong team based in North America and a global offshore support team in the Philippines. In addition, Kitepipe will add significant value to Atturra’s global operations, reinforcing its commitment to delivering innovative, data-driven transformations.
• The upfront consideration is US$3.15m (AUD$4.98m in cash, with earn-out/post-completion consideration of up to US$3.18m (AUD$5.02m) in cash subject to Kitepipe achieving performance hurdles for calendar years 2025 and 2026. The purchase price, including upfront and deferred consideration, is based on a multiple of 7.5x forecast EBITDA. Integration costs have been budgeted at US$350,000.