**Editor's Note: Please click here for a recap of the biggest channel-impacting mergers in Q2 2013.**
Cloud IT services and business applications provider Intermedia today announced the acquisition of SaaSID, an identity and access management, security and compliance vendor.
SaaSID provides organizations with single sign-on (SSO), a single point of control over employees' access to cloud services and applications, minimizing the risk of unauthorized access to sensitive data. This enables companies to erect a new security perimeter around all their social, mobile and cloud environments, while giving employees the ability to log in only once and access all of their cloud applications, the company said.
Intermedia currently provides SSO in its Office in the Cloud suite of services. With the integration of SaaSID, Intermedia's 90,000 business customers will be able to enjoy SSO with all of their cloud IT services — not only those offered by Intermedia, but cloud services from NetSuite, QuickBooks, Salesforce, Workforce and others.
"Ed Macnair and his SaaSID team have rapidly forged a reputation as innovators in the security space," said Phil Koen, Intermedia chairman and CEO. "We will invest in and hasten the speed with which this ground-breaking technology is available to our customers."
The terms of the deal have not been publicly disclosed. The SaaSID cloud service will be available as an integrated Intermedia service early next year