Deloitte Risk & Financial Advisory announced that it has acquired all of the assets of TransientX, Inc., a Hoboken, New Jersey-based Zero Trust Network Access (ZTNA) startup. Deloitte’s existing Zero Trust capabilities and solutions will be enhanced by TransientX’s staff and its innovative, dissolvable, cloud-native application networking technology for ZTNA.
“As organizations modernize their enterprise environments to deal with evolving business models and complex, hyper-connected IT ecosystems, they’re typically shifting from a perimeter-centric approach to the risk-based, Zero Trust approach that enforces the concept of least privilege. 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,” said Andrew Rafla, a Deloitte Risk & Financial Advisory Zero Trust leader and principal, Deloitte & Touche LLP.
“Our cyber practice acquisition strategy — inclusive of the acquisition of TransientX’s business — is squarely focused on hyper-scaling to support our own services and solutions delivery, as well as to transform the way we help our clients build cyber resilience, enable agile operations and promote more resilient security practices. Acquiring TransientX’s business will help Deloitte truly differentiate how it delivers to the market by infusing ZTNA capabilities into a broad portfolio of products and services,” said Deborah Golden, Deloitte Risk & Financial Advisory Cyber and Strategic Risk leader and principal, Deloitte & Touche LLP.
“Zero trust transformation is not easy. 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,” Egemen Tas, CEO and founder of TransientX.
Deloitte’s acquisition of the TransientX business is the firm’s fourth cyber acquisition in 2021.