Cybsecurity provider Thycotic has acquired Arellia, a Windows protection software company. Financial terms were not disclosed. Thycotic is backed by venture capital firm Insight Venture Partners.
Thycotic, based in Washington, D.C., develops software that is designed to protect privileged accounts from cybersecurity threats. Arellia, located in Lehi, Utah, makes technology products that are used to safeguard Microsoft Corp.'s (Nasdaq: MSFT) Windows operating system from malware and other breaches. Privileged accounts usually hold sensitive data and information and for the most part can only accessed by users with authorized credentials.