8KMiles Acquires FuGen Solutions to Enhance Security Cloud Expertise and Offering
Grazed from PRNewsWire. Author: PR Announcement.
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8KMiles, a leading global cloud computing company, today announced the acquisition of FuGen Solutions for $7.5 million to expand and build on its cloud and big data security services and solutions to better serve and meet large enterprises and government agencies’ growing security and compliance needs.
The purchase includes the acquisition of FuGen Solutions’ market leading patented Cloud Identity Broker and Multi-domain Identity Services Platform (MISP™), an on-demand partner onboarding platform that extends the capabilities of existing Identity Management (IDM), SSO solutions and legacy services to allow enterprise customers and their partners to establish, scale and manage their federated access, certification and SSO, and web services via the cloud. The platform is complementary to 8KMiles’ existing cloud architecture, serving as an added layer of security, while streamlining authentication and enabling secure single sign-on access across multiple cloud-based business systems…


Hundreds of enterprise IT experts from around the world will come together in San Francisco on June 17 and 18 when the Open Data Center Alliance (ODCA) will host Forecast 2013, ODCA’s premier cloud computing and big data event. Forecast is where the ODCA Board of Directors, which includes IT leaders from BMW, Capgemini, China Unicom, Deutsche Bank, Disney Technology Solutions and Services, JPMorgan Chase, Lockheed Martin, Marriott International, Inc., National Australia Bank (NAB), NTT Data, T-Systems, Terremark and UBS will gather with ODCA members and industry to collaborate on moving enterprise ready cloud implementations based on ODCA usage models forward. Forecast is taking place at the Westin St. Francis hotel in San Francisco’s Union Square.