Onapsis, a provider of ERP cybersecurity and compliance, will acquire Virtual Forge, allowing the company to strengthen security of SAP applications and extensions.
The combination of Onapsis and Virtual Forge will empower customers to have unparalleled visibility, incident response, management, and compliance for business-critical applications.
“Organizations are continuously extending their cloud and on-premise ERP applications to support evolving business requirements, which introduces serious cybersecurity and compliance risks if not properly managed. With this acquisition, organizations will have one single partner and one single platform to secure and protect their SAP infrastructure, including segregation of duties, custom code analysis, vulnerability assessments, secure change management, compliance automation and continuous monitoring,” said Mariano Nunez, CEO and Co-founder, Onapsis Inc.
Onapsis’s platform is the most widely-used cybersecurity solution that protects the ERP systems and business-critical applications of the world's largest organizations. Founded in 2006, Virtual Forge is the leading provider of solutions to automatically prevent, detect and remediate cybersecurity and compliance risks in customizations and extensions of SA applications.
Virtual Forge’s patented solutions help secure modern extensions developed on the SAP Cloud Platform for cloud business applications, including SAP S/4HANA, SAP C/4HANA, SAP SuccessFactors, SAP Ariba, SAP Concur, and SAP Fieldglass, as well as traditional on-premise SAP applications developed on the SAP ABAP programming language.
“We are excited to join Onapsis in the shared vision of protecting the world’s business-critical applications. Together, we will have the most comprehensive technology portfolio in the industry, global scale and a strong team of over 300 experts in the ERP and cybersecurity domains,” said Dr. Markus Schumacher, CEO and co-founder, Virtual Forge.
For more information about this news, visit www.onapsis.com.