BeyondTrust, a provider of software for managing IT access privileges for large businesses, has has been acquired by Symark International, according to a press release. Financial terms weren’t disclosed, but Dow Jones VentureWire has estimated the deal to be worth about $30 million, according to peHUB. The combined company will be called BeyondTrust and be based in Agoura Hills, CA, while BeyondTrust’s previous headquarters in Portsmouth, NH, is now listed as the combined outfit’s East Coast branch. The new firm says it provides privileged access software for users in Linux, Unix, and Windows computing environments.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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