Associated tags: Social media, API, ForgeRock, NYSE, Security, Software, Data Management, Internet, Online shopping
Locations: TOYOTA, CALIFORNIA, UNITED STATES, NORTH AMERICA
Retrieved on:
Wednesday, August 23, 2023
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Identity management CHICAGO and SAN FRANCISCO and MIAMI and DENVER, Aug. 23, 2023 /PRNewswire/ -- Thoma Bravo and ForgeRock today announced the completion of Thoma Bravo's acquisition of ForgeRock in an all-cash transaction valued at approximately $2.3 billion.
Key Points:
- CHICAGO and SAN FRANCISCO and MIAMI and DENVER, Aug. 23, 2023 /PRNewswire/ -- Thoma Bravo and ForgeRock today announced the completion of Thoma Bravo's acquisition of ForgeRock in an all-cash transaction valued at approximately $2.3 billion.
- The acquisition agreement was previously announced on October 11, 2022, and approved by ForgeRock stockholders at ForgeRock's Special Meeting of Stockholders held on January 12, 2023.
- Upon completion of the acquisition, ForgeRock stockholders are entitled to receive $23.25 in cash for each share of ForgeRock class A common stock and class B common stock they owned.
- Thoma Bravo also announced that it has combined ForgeRock into its portfolio company Ping Identity.
Retrieved on:
Thursday, August 17, 2023
Software,
Technology,
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Security,
Maintenance,
Internet of things,
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Identity,
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IAM,
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Identity management,
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Cryptocurrency,
Online shopping,
GEICO ForgeRock® , a global digital identity leader, announced today it earned an “Overall Leadership” position in the 2023 KuppingerCole Access Management Leadership Compass analyst report for the 4th consecutive publication.
Key Points:
- ForgeRock® , a global digital identity leader, announced today it earned an “Overall Leadership” position in the 2023 KuppingerCole Access Management Leadership Compass analyst report for the 4th consecutive publication.
- “We are thrilled to be recognized by KuppingerCole as a leader for our Identity and Access Management (IAM) capabilities,” said Peter Barker, CPO at ForgeRock.
- Organizations that implement a modern Access Management solution can reduce maintenance costs and dynamically manage access for all digital identity needs.
- KuppingerCole examines the market, relative market share, vendor product and service offerings, and innovative approaches to providing Access Management solutions.
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GAAP,
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Riyad Bank,
3666th Support Maintenance Company,
EBITDA,
City,
ForgeRock,
Carl Zeiss AG,
Acquisition,
Investment,
Nature,
ARR,
Thoma Bravo,
Average cost,
Second request,
Hart–Scott–Rodino Antitrust Improvements Act,
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Q2 ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its second quarter ended June 30, 2023.
Key Points:
- ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its second quarter ended June 30, 2023.
- ForgeRock uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measure after the presentation of our GAAP financial statements.
- Non-GAAP Financial Measures and Key Metrics:
Besides financial results prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), ForgeRock believes that evaluating its ongoing operating results may be difficult if limited to reviewing only GAAP financial measures.
- Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures.
Security,
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Medical device ForgeRock ® (NYSE: FORG), a global digital identity leader, today announced findings from its 2023 ForgeRock Identity Breach Report , which revealed that stolen identities continue to cause massive breaches, exposing 1.5 billion user records and costing businesses an average of $9.4 million per breach in 2022.
Key Points:
- ForgeRock ® (NYSE: FORG), a global digital identity leader, today announced findings from its 2023 ForgeRock Identity Breach Report , which revealed that stolen identities continue to cause massive breaches, exposing 1.5 billion user records and costing businesses an average of $9.4 million per breach in 2022.
- As more identities are stolen each year, AI-driven fraud attacks are creating a larger threat landscape for consumers and enterprises alike.
- In addition to U.S. data breaches, the ForgeRock Identity Breach Report also highlights attacks in other regions, including the United Kingdom, Germany, Australia, and Singapore.
- ForgeRock compiled the Consumer Identity Breach Report from data breaches in the U.S., United Kingdom, Germany, Australia, and Singapore.
Software,
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OEM,
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Total,
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Paylocity ForgeRock® (NYSE: FORG), a global digital identity leader, today announced the launch of a new partner program that now provides a comprehensive set of benefits that will drive growth and help ForgeRock partners deliver remarkable customer experiences.
Key Points:
- ForgeRock® (NYSE: FORG), a global digital identity leader, today announced the launch of a new partner program that now provides a comprehensive set of benefits that will drive growth and help ForgeRock partners deliver remarkable customer experiences.
- To lead the new program, ForgeRock has hired Chris Westfall as Vice President of Global Partner Strategy, Programs and Operations, who brings expertise from over 20 years of partner ecosystem leadership across the software industry.
- The new and enhanced ForgeRock Partner Program meets the needs of the company’s growing partner ecosystem, with a special focus on system integrators.
- “Powerful identity solutions are at the heart of every successful digital transformation, and we’re excited to deepen our partner relationships to deliver innovative identity solutions that support our mutual customers.”
The ForgeRock Partner Program launches this quarter and will create more opportunities to win and accelerate growth.
Internet,
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Bank ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its first quarter ended March 31, 2023.
Key Points:
- ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its first quarter ended March 31, 2023.
- “We ended Q1 with $238 million of ARR, representing another solid quarter of growth for ForgeRock,” said Fran Rosch, CEO of ForgeRock.
- ForgeRock uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measure after the presentation of our GAAP financial statements.
- Non-GAAP Financial Measures and Key Metrics:
Besides financial results prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), ForgeRock believes that evaluating its ongoing operating results may be difficult if limited to reviewing only GAAP financial measures.
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Secret Double Octopus,
Partnership,
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HP Enterprise Security Products,
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FIDO,
Risk management,
Online shopping ForgeRock® (NYSE: FORG), a global digital identity leader, today announced ForgeRock Enterprise Connect Passwordless , a new passwordless authentication solution that eliminates the need for users to interact with passwords inside large organizations.
Key Points:
- ForgeRock® (NYSE: FORG), a global digital identity leader, today announced ForgeRock Enterprise Connect Passwordless , a new passwordless authentication solution that eliminates the need for users to interact with passwords inside large organizations.
- Enterprise Connect Passwordless is the latest addition to ForgeRock’s industry-leading, passwordless authentication portfolio for consumer and workforce use cases.
- The ForgeRock Identity Platform has an extensive history of providing organizations several options to help deploy passwordless authentication for mobile and web applications to reduce fraud and improve the user experience.
- ForgeRock already supports passwordless authentication capabilities through FIDO2 WebAuthn standards and passkeys within the ForgeRock Identity Cloud , low-code, no-code access orchestration with ForgeRock Intelligent Access and AI-driven threat protection within ForgeRock Autonomous Access .
Retrieved on:
Monday, February 27, 2023
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Bank ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its fourth quarter and fiscal year ended December 31, 2022.
Key Points:
- ForgeRock, Inc. (NYSE: FORG), a global leader in digital identity, today announced financial results for its fourth quarter and fiscal year ended December 31, 2022.
- “We ended 2022 with $230 million of ARR, representing another solid year of growth for ForgeRock,” said Fran Rosch, CEO of ForgeRock.
- ForgeRock uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measure after the presentation of our GAAP financial statements.
- Non-GAAP Financial Measures and Key Metrics:
Besides financial results prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), ForgeRock believes that evaluating its ongoing operating results may be difficult if limited to reviewing only GAAP financial measures.
Retrieved on:
Wednesday, February 1, 2023
Under the terms of the agreement, SAFE shareholders are expected to own 34% of the newly combined company.
Key Points:
- Under the terms of the agreement, SAFE shareholders are expected to own 34% of the newly combined company.
- Under the terms of the agreement, QUMU shareholders are expected to receive $0.90 in cash per share they own.
- Under the terms of the agreement, LMST shareholders are expected to receive 0.90 shares of People’s per share they own.
- Under the terms of the agreement, FORG shareholders are expected to receive $23.25 in cash per share they own.
Retrieved on:
Wednesday, January 25, 2023
Under the terms of the agreement, FORG shareholders are expected to receive $23.25 in cash per share they own.
Key Points:
- Under the terms of the agreement, FORG shareholders are expected to receive $23.25 in cash per share they own.
- Under the terms of the agreement, LMST shareholders are expected to receive 0.90 shares of People’s per share they own.
- IMARA Inc. (Nasdaq: IMRA ), relating to its proposed merger with Enliven Therapeutics, Inc.
- Under the terms of the agreement, IMRA shareholders are expected to own approximately 16% of the combined company.
