Private equity firm TPG Capital has acquired privileged access management (PAM) vendor Thycotic for $1.4bn and plans to merge it with Centrify. It will thereby hope to present a serious challenge to PAM market leader CyberArk.
The Analyst Team

Rik Turner
Senior Principal Analyst
Rik is a senior principal analyst in Omdia's IT security and technology team, specializing in cybersecurity technology trends, IT security, compliance, and call recording.
Rik has also worked in Omdia's financial services technology team, with a specialization in capital markets technology. Prior to joining Informa (now Omdia), he worked as an IT journalist, specializing in networking and security. He was also a foreign correspondent in Brazil, where he worked, among others, for the Financial Times and The Economist.
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