Delinea News > ThycoticCentrify is now Delinea, a Privileged Access Management Leader Providing Seamless Security for Modern, Hybrid Enterprises
Formed from the merger of PAM leaders Thycotic and Centrify, Delinea is focused on removing complexity and defining the boundaries of privileged access
Redwood City, CA — February 1, 2022 – Delinea today announced its debut as a leading provider of privileged access management (PAM) solutions for seamless security. Backed by TPG Capital, Delinea was formed in April 2021 through the merger of established PAM leaders Thycotic and Centrify. Delinea's new brand identity underscores its significant progress as a combined company and renewed commitment to providing comprehensive, cloud-ready solutions that put privileged access at the center of cybersecurity. For small businesses and global enterprises alike, Delinea delivers the digital freedom that everyone deserves by seamlessly defining the boundaries of access.
Meet Delinea: https://delinea.com/about
As organizations continue their digital transformations, they are faced with increasingly sophisticated environments and more challenging requirements for securing an expanded threatscape. Legacy PAM solutions are not designed for today’s hybrid environments, are too complex, and cannot solve current privilege management challenges.
“At Delinea, we believe the opposite of complex isn’t simple – it’s seamless. Our mission is to provide security that’s invisible to the user, while simultaneously providing IT and security teams with the control they require,” said Art Gilliland, CEO at Delinea. “With Delinea, the boundaries of access are easily defined to help customers reduce risk, ensure compliance, and streamline security. We are providing privileged access without the excess.”
Delinea’s solutions grant access to an organization’s most critical data, devices, code, and cloud infrastructure using a centralized dashboard. Users get access when and where they need it, for as long as needed to complete the task. Delinea empowers agility, productivity, and security.
“One year ago, in partnership with the Thycotic and Centrify teams, we set out to build a dynamic identity security platform that delivers one of the most comprehensive product suites in the market,” said Tim Millikin, Partner at TPG Capital. “Today’s brand launch marks the next, exciting milestone in this journey. Delinea is introducing the next generation of cloud-based privileged access, purpose-built for enterprises operating in today’s hybrid, perimeter-less, and ever-evolving world.”
Whether in the cloud or on-premises, Delinea provides powerful, customizable, and scalable solutions to secure organizations of any size or in any industry, no matter their PAM maturity.
To learn more about Delinea and how we’re defining the boundaries of privileged access, visit delinea.com.
ABOUT DELINEA
Delinea is a leading provider of privileged access management (PAM) solutions that make security seamless for the modern, hybrid enterprise. Our solutions empower organizations to secure critical data, devices, code, and cloud infrastructure to help reduce risk, ensure compliance, and simplify security. Delinea removes complexity and defines the boundaries of access for thousands of customers worldwide. Our customers range from small businesses to the world's largest financial institutions, intelligence agencies, and critical infrastructure companies. Learn more about Delinea on LinkedIn, Twitter, and YouTube.
© Delinea Inc. (formerly Centrify Corporation) 2022. Delinea™ and Centrify® are trademarks of Delinea Inc. Thycotic® is a registered trademark of Thycotic Software, LLC. All other trademarks are property of their respective owners.
Contacts:
Brad Shewmake
Delinea
brad.shewmake@delinea.com+1-408-625-4191
John Kreuzer
Lumina Communications
delinea@luminapr.com+1-408-963-6418
FAQs
REDWOOD CITY, Calif., Feb. 1, 2022 /PRNewswire/ -- Delinea today announced its debut as a leading provider of privileged access management (PAM) solutions for seamless security. Backed by TPG Capital, Delinea was formed in April 2021 through the merger of established PAM leaders Thycotic and Centrify.
Is Centrify a pam solution? ›
Centrify delivers a modern PAM solution, including a cloud-ready vault and authentication service, that minimizes shared accounts and allows humans and services to log in as themselves and work with the tools they are familiar with, the way that they want to.
What is Centrify now called? ›
Centrify is now Delinea
A privileged access management leader providing seamless security for modern, hybrid enterprises.
Who is the parent company of Delinea? ›
Private equity firm TPG formed Delinea in 2021 by merging two cybersecurity companies, Thycotic and Centrify, it had bought earlier that year.
When did Thycotic become Delinea? ›
In April 2021, we announced that Centrify and Thycotic merged to become one: ThycoticCentrify. This followed on the previously-announced acquisitions of Centrify and Thycotic by TPG Capital. As ThycoticCentrify, we successfully integrated our businesses and solutions to better serve our customers and partners.
Is Thycotic a PAM solution? ›
Thycotic's award-winning PAM solutions improve cybersecurity, increase productivity, and help demonstrate compliance for more than 7500 organizations worldwide, including Fortune 500 companies.
Who is the ownership of Centrify? ›
TPG Capital acquired Thycotic and Centrify in early 2021. ThycoticCentrify, which formed when TPG Capital acquired Thycotic and Centrify in 2021, has rebranded as Delinea.
Is Delinea a Pam? ›
Delinea offers a great PAM platform that is both affordable and easy to deploy and use.
What is a Delinea thycotic agent? ›
Thycotic Agent: The core agent is responsible for all reporting and monitoring communication on the endpoint. It can be considered the managing agent, while the Application Control and Local Security Agents are the worker agents.
Which two companies merged to create Delinea? ›
Delinea has 1,000 employees and 10,000 customers and was formed in April after TPG Capital bought Centrify and Thycotic for a reported $900 million and $1.4 billion and brought the two rivals together. “There's benefits to creating a new brand when you merge two companies of about the same size,” Gilliland told CRN.
Backed by TPG Capital, Delinea was formed in April 2021 through the merger of established PAM leaders Thycotic and Centrify.
Who did Thycotic merge with? ›
TPG Announces merger of Thycotic and Centrify to Create Cloud Identity Security Vendor.
Who owns Thycotic software? ›
Thycotic is being purchased by TPG from majority owner Insight Partners, while Centrify is being purchased from Thoma Bravo. Thoma Bravo and the Public Sector Pension Investment Board are taking minority stakes in the combined company under the deal.
What is the difference between Centrify and CyberArk? ›
Deployment Flexibility: Centrify supports both on-premises and cloud deployments, allowing organizations to choose the deployment model that best suits their requirements. CyberArk, however, primarily focuses on on-premises deployments, although it does offer limited cloud support.
What is centrify? ›
About Centrify
Centrify is the leader in securing enterprise identities against cyberthreats that target today's hybrid IT environment of cloud, mobile, and on-premise.
What is a PAM solution? ›
What is privileged access management (PAM)? Privileged access management (PAM) is an identity security solution that helps protect organizations against cyberthreats by monitoring, detecting, and preventing unauthorized privileged access to critical resources.
What is the difference between IAM and PAM solution? ›
Identity and access management (IAM) is a system to identify and authorize users across an organization. Privileged Access Management (PAM) is a subset of IAM that focuses on privileged accounts and systems.
