Deloitte has acquired the assets of a Hoboken-based networking technology company, adding it to Deloitte’s own offerings in the sector, it announced.
Deloitte, which is based in New York and has a strong presence in New Jersey, said it has acquired substantially all the assets of TransientX Inc., a Zero Trust Network Access company that offers cloud application networking technology.
“As organizations modernize their enterprise environments to deal with evolving business models and complex, hyperconnected (information technology) ecosystems, they’re typically shifting from a perimeter-centric approach to the risk-based, Zero Trust approach that enforces the concept of least privilege,” Andrew Rafla, a Deloitte Risk & Financial Advisory Zero Trust leader and principal with Deloitte & Touche LLP, said in a prepared statement. “TransientX’s technology offers the unique capability to embed Zero Trust Network Access into Deloitte’s products and services, differentiating and evolving how we deliver our offerings to our clients — which will lend support to our clients’ Zero Trust adoption efforts, as well.”
The deal represents Deloitte’s fourth cyber-acquisition of 2021.
“Zero Trust transformation is not easy,” Egemen Tas, founder and CEO of TransientX, said in a statement. “We created TransientX to help organizations adopt Zero Trust Network Access in a flexible, frictionless and expansive manner across a variety of use cases. In joining Deloitte, we’ll be able to offer our novel approach to ZTNA in a way that improves security for remote work and vendor collaboration.”