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Xconomy

Boston Tech Watch

Onapsis, the Boston-based enterprise resource-planning security startup, has agreed to acquire Virtual Forge, a Heidelberg, Germany-based cybersecurity company focusing on SAP applications. Terms of the deal were not disclosed. The companies say the deal is the first Boston-area cybersecurity acquisition of the year.
eWeek

Report Looks at Security Misconceptions of Moving ERP to Cloud

According to a Cloud Security Alliance study sponsored by Onapsis and released on Jan. 11, 69 percent of organizations are moving data for popular enterprise resource planning platforms including SAP and Oracle to the cloud, but there are still a number of misconceptions about security.
MSSP

MSSPAlert

M&A – SAP Application Security: Onapsis, which specializes in ERP cybersecurity and compliance, has acquired Virtual Forge of Heidelberg, Germany. Virtual Forge’s technology prevents, detects and remediates cybersecurity and compliance risks for SAP customers.
MSSP

Onapsis Buys SAP Security Partner Virtual Forge

Enterprise Resource Planning (ERP) cybersecurity & compliance company Onapsis acquires SAP security solutions provider Virtual Forge for an undisclosed sum. Onapsis, a company that specializes in enterprise resource planning (ERP) cybersecurity and compliance, has acquired SAP security solutions provider Virtual Forge for an undisclosed sum. The acquisition is expected to close by the end of June. The Virtual Forge acquisition enables Onapsis to accelerate its expansion into global markets, according to a prepared statement. It also allows Onapsis to provide organizations with incident response, management, compliance and visibility across SAP applications.
Security Week

ERP Security Firm Onapsis Acquires Competitor Virtual Forge

Onapsis, a company specializing in cybersecurity and compliance solutions for enterprise resource planning (ERP) products, on Wednesday announced that it has entered a definitive agreement to acquire competitor Virtual Forge.

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