California based Hewlett Packard Enterprise(HPE) has made it official yesterday that it is going to acquire Cloud Security Startup Scytale for an undisclosed amount. Trades analysts say that the deal was framed out to propel the technology of HPE’s Identity Management which will in-turn boost the presence of the company in the open-source community business.
As Scytale’s founders were backing SPIFFE( Secure Production Identity Framework for Everyone) and SPIRE( SPIFEE Runtime Environment) open source projects, HPE is in a hope that the technology behind both the projects can be used to model projects which are being done similarly by Google, Twitter, and Netflix.
Technically speaking, by acquiring the 2017 startup, HPE will be looking to grab the application to application identity and access management technology of Scytale which reduces the need for human intervention in automated transactions between applications.
Dave Husk, the HPE GM for Cloudless Initiative says that the deal will make way for the next chapter by offering edge to cloud platform-as-a-service and strategy making the hybrid and multi-cloud platforms truly secure which then can be used to authenticate data and applications in real-time.
As Scytale’s business objective is to offer open-source, distributed systems along with security, HPE is said to be looking forward to tapping this market by integrating the newly acquired technology into its cloud posture.
Scytale’s deal with HPE will be closed by this weekend and this was confirmed by the company’s Co-founder Sunil James in a recent blog post. He added that the deal is said to boost the operations of HPE Proliant Gen10 Servers which are embedded with Silicon Root of Trust/Zero Trust of Scytale.