Medical Device News Magazine

Radiant Logic Signs Definitive Agreement to Acquire Brainwave GRC

Move will strengthen position as a leader in the Identity Governance and Analytics market; Boosts market share in North America, Europe, Middle East and Africa

About Medical Device News Magazine

About Medical Device News Magazine. We are a digital publication founded in 2008 located in the United States.

Advertise with Medical Device News Magazine! Join Our #1 Family of Advertisers!

We pride ourselves on being the best-kept secret when it comes to distributing your news! Our unique digital approach enables us to circulate your...

Radiant Logic, the Identity Data Fabric company, announced today that it has entered into a definitive agreement to acquire Brainwave GRC, a leader in Identity Governance and Analytics (IGA) headquartered in France. Together, Radiant Logic and Brainwave GRC address a broad set of identity use cases, and the acquisition accelerates the companies’ shared vision of an Identity Data Fabric that uses the science of data to ensure the right information is in place to make the right policy decisions.

“Demand is increasing for cyber security, governance and compliance solutions that help companies address the continually evolving security threats, especially as regulatory environments and fines become more prevalent,” said Joe Sander, CEO of Radiant Logic. “By joining forces with Brainwave we will be able to unlock tremendous value for current and future customers by unleashing the power of identity data to help truly transform an organization’s IT landscape. Our combined platform will allow organizations to add unprecedented agility and flexibility in their infrastructure and business processes, while improving business continuity and security posture and reducing the total cost of ongoing regulatory compliance and IAM or IGA programs.”

Cyril Gollain, CEO and co-founder of Brainwave GRC, stated: “Merging with Radiant Logic is the natural next step for Brainwave GRC, providing transformative value for both our customers and employees alike. Together, this combined platform offers exceptional new insight into the role of identity data in the enterprise, and accelerates innovations in the area of analytics and IGA. We are delighted to benefit from Radiant Logic’s proven success, and when combined with our experience and reach in EMEA, it will allow us both to further expand and flourish.”

The acquisition will strengthen both Radiant Logic and Brainwave GRC’s respective market positions as identity, analytics and intelligence experts by offering a new lightweight data-centric governance capability and a market-defining identity data intelligence platform. By combining their unique capabilities into a single platform, customers can speed time-to-value by eliminating burdensome IGA deployments and focusing on what really matters to audit and compliance teams—getting the right data, which can be trusted, in a timely manner.

The identity analytics and intelligence insights resulting from Radiant Logic + Brainwave’s data-driven approach will give unprecedented insight into near real-time user behavior within an enterprise environment, transforming how organizations detect cyberattacks, fraudulent activity, lateral movement from insider threats, and more. Radiant + Brainwave is a winning combination that will provide an unmatched Zero Trust and Identity-First Security foundation for enhanced data security, reduced audit and compliance costs, and improved understanding and visibility of malicious activity.

Established in 2010 in France, Brainwave GRC has a strong reputation in helping companies across EMEA ensure compliance and protect their assets from fraud and cyber threats. Brainwave GRC provides essential Access Governance reports that include access risks, accounts, attestations, and out-of-the-box reports for major compliance frameworks—a common requirement in highly regulated markets. Their light IGA capabilities complements Radiant Logic’s identity data management expertise, and is in-line with its strategic direction to expand its offerings in the IGA market segment.

“We have strived to provide the absolute best value to our customers and truly believe this future product integration will not only streamline IAM and IGA infrastructure, but bring the value of data science and advanced analytics to the identity space,” said John Pritchard, Chief Product Officer, Radiant Logic. “The Brainwave platform will be a core component in driving RadiantOne’s new identity intelligence capabilities, realizing the vision of an Identity Data Fabric.”

“The winning combination of Radiant Logic and Brainwave will provide unmatched capabilities for an identity-first approach to security,” says Sebastien Faivre, CTO and Brainwave co-founder. “We believe that by combining our background in identity analytics with Radiant’s identity data management expertise, we can deliver innovative new solutions utilizing artificial intelligence and machine learning capabilities which can only be enhanced by ingesting the clean data from the RadiantOne platform.”

Brainwave will maintain independent operations for the near-time, while both platforms continue to be supported, invested in, and integrated over time. The transaction is subject to customary closing conditions. Terms of the acquisition were not disclosed.

 

Medical Device News Magazinehttps://infomeddnews.com
Medical Device News Magazine provides breaking medical device / biotechnology news. Our subscribers include medical specialists, device industry executives, investors, and other allied health professionals, as well as patients who are interested in researching various medical devices. We hope you find value in our easy-to-read publication and its overall objectives! Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.

Other News

Shoulder Innovations Further Strengthens IP Portfolio in Key Areas with Recent Patent Grants

"These recent grants further strengthen key patent families that are foundational to our technology, and we are pleased the USPTO continues to recognize our meaningful innovation in the shoulder arthroplasty segment," said Rob Ball, CEO of Shoulder Innovations. "This noteworthy expansion of our IP position represents the culmination of over 10 years of research and development, and we are proud of our team for their continued dedication to creating practical solutions for shoulder surgeons and advancing patient outcomes."

Radical Catheter Technologies Presents Analysis of Disruptive, Recently FDA-Cleared Endovascular Technology at the Society of NeuroInterventional Surgery 21st Annual Meeting

This new catheter, the first product commercialized from this novel technology platform, is designed to enable access to the blood vessels in the brain for both femoral and radial access. A multi-center analysis of this disruptive technology is being presented today at Society of NeuroInterventional Surgery 21st annual meeting. In addition, the Company confirmed the closing of a $20 million financing round led by NeuroTechnology Investors, which will be used to scale the company and expand the Radical platform notes Radical Catheter Technologies.

Rapid Medical™ Completes Initial Neurovascular Cases in the USA Following FDA Clearance of Its Active Access Solution

“With DRIVEWIRE, our design goal was to bring new levels of access and control to the interventional suite while improving best-in-class guidewires,” comments Giora Kornblau, Chief Technology Officer at Rapid Medical. “When physicians are looking for technologies that increase the clinical possibilities and safety for the patient, we want Rapid to be the first place they look.”