IRVINE, CA – Netwrix, a cybersecurity vendor that makes data security easy, today announced the acquisition of ANIXIS, an independent software vendor that helps system administrators manage and enforce password policies for user and admin accounts. This acquisition supports the Netwrix commitment to offer solutions to protect access to sensitive data for its customers. Terms of the transaction were not disclosed.
According to recent cybersecurity research by Netwrix, 79% of CIOs are concerned that users may not follow security best practices while working remotely, putting organizations at risk. With ANIXIS, now part of Netwrix, organizations will be able to address this concern with an easy-to-deploy solution to secure access to sensitive data and significantly reduce the attack surface.
ANIXIS’ customers get the best of both worlds. ANIXIS will continue to offer its powerful software solutions and timely support as an independent subsidiary of Netwrix. Plus, ANIXIS now has access to extensive resources for long-term stability and business strength that only a global software company like Netwrix can provide, ensuring an optimal ANIXIS customer experience for years to come.
“Compromise of user credentials remains one of the most common causes of a data breach. The ANIXIS products reduce this risk by enabling organizations to create and enforce granular password policies. This acquisition serves to further our commitment to help organizations reduce cyber security risk and help them reinforce fundamental cyber security controls,” said Steve Dickson, CEO of Netwrix.
“We are excited to become a part of the Netwrix team and leverage the benefits of a global data security company. We will have access to the resources to ensure a great customer experience in the long-term, and will continue to deliver our powerful solutions and timely support as a wholly-owned subsidiary,” said Tonio Pirotta, CEO of ANIXIS.
To learn more about ANIXIS’ products, please visit: www.anixis.com
About Netwrix Corporation
Netwrix makes data security easy thereby simplifying how professionals can control sensitive, regulated and business-critical data, regardless of where it resides. More than 10,000 organizations worldwide rely on Netwrix solutions to secure sensitive data, realize the full business value of enterprise content, pass compliance audits with less effort and expense, and increase the productivity of IT teams and knowledge workers.
Founded in 2006, Netwrix has earned more than 150 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S.
For more information, visit www.netwrix.com
The full press release can be found here.