On Monday, 1Password announced its acquisition of Trelica, a UK-based company specializing in SaaS access management tools. Although the financial terms remain undisclosed, this purchase represents the most significant acquisition by revenue in 1Password's 18-year history.

Company Backgrounds

1Password is renowned for its password management services and the protection of online identities. - Trelica, established in 2018, provides a range of solutions for managing SaaS applications, including employee onboarding and offboarding, shadow IT detection, SaaS operations, spend optimization, and access governance.

Strategic Expansion

This acquisition aligns with 1Password's strategy to advance its Extended Access Management platform, launched last year. The platform focuses on securing identities and controlling access to applications and devices within enterprise environments.

Statement from 1Password

According to a blog post by Jeff Shiner, the CEO of 1Password, Trelica addresses critical issues unmet by traditional solutions such as single sign-on (SSO), mobile device management (MDM), and SaaS security posture management (SSPM). The integration of Trelica aims to optimize tasks like user provisioning, de-provisioning, license management, and access adjustments during role changes, thus aiding IT administrators in maintaining secure systems.

SaaS Application Management

Trelica’s capabilities in shadow IT discovery will enhance the 1Password Extended Access Management platform by creating a seamless process for aligning unmanaged applications with IT compliance requirements, while still enabling employee productivity.

Integration and Compatibility

Trelica supports over 300 integrations with popular SaaS providers, such as Adobe, Atlassian, Cisco, Google, HubSpot, Microsoft, Salesforce, and Zoom. With this acquisition, 1Password aims to strengthen its position in the SaaS access management market by providing comprehensive solutions for security and productivity in modern corporate environments.

The link has been copied!