KeyData Cyber Acquires BeyondID to Form Pure-Play Identity Security Powerhouse

KeyData Cyber, a leading North American provider of end-to-end identity and access management (IAM) services, has announced the acquisition of BeyondID, a prominent AI-powered Managed Identity Solutions Provider (MISP). This strategic move aims to create a dominant force in total identity security by combining the expertise of both companies. The merger will result in a team of over 200 identity experts with extensive experience in IAM, CIAM, PAM, and IGA, catering to mid-market and enterprise clients in both private and public sectors.

BeyondID's proficiency in advisory, implementation, and managed services, particularly in platforms like BeyondTrust, CyberArk, Microsoft, Okta, PingIdentity, SailPoint, and Saviynt, complements and expands KeyData Cyber's capabilities. The acquisition will position BeyondID as a subsidiary of KeyData Cyber, enhancing the latter's global growth strategy and augmenting its delivery capacity worldwide. The combination is set to establish one of the largest pure-play identity security firms in North America, offering a comprehensive range of identity security services under one entity. The merged entity will also leverage BeyondID's AI-powered Identity Command Center to provide advanced identity-first, zero-trust solutions to clients, further solidifying its position as a leader in the industry.

The acquisition is anticipated to enable KeyData Cyber to enhance its presence in the U.S. and expand its nearshore and offshore capabilities, thus bolstering its global footprint and aligning its services more closely with client needs. The collaboration is expected to transform identity security from a technical necessity into a strategic advantage, offering clients a holistic and innovative security experience. The leadership of KeyData Cyber and BeyondID have expressed excitement about the merger and are confident that the combined entity will bring unmatched value to clients by navigating complexity with confidence and delivering top-notch identity security services. The acquisition marks a pivotal moment for both companies and is poised to set new standards in the realm of identity and access management.