- First, XebiaLabs acqjuired CollabNet in January 2020.
- Then, that combined company recently acquired Arxan from private equity firm TA Associates.
Digital AI Launch: Executive Perspectives
In a prepared statement about the business combination and market focus, Ashok Reddy, CEO of Digital AI, commented:"Now more than ever, it is critical that organizations leverage the power of business agility to optimize processes and make decisions rooted in customer-centricity. Doing so will result in higher quality, more secure products that are delivered faster and drive stronger customer and employee engagement."
"TA invested in Arxan seven years ago because of the company’s well-earned reputation for providing what many considered to be the most advanced, sophisticated and proven suite of application security solutions. It has been a pleasure working with Arxan to help further solidify the company’s position, and we wish the Arxan team and Digital.ai much continued success."