Archer Technologies, a provider of enterprise governance, risk and compliance (GRC) solutions, today announced that it has reached a definitive agreement to acquire Brabeion Software Corporation, a market-proven provider of IT-GRC management software. The acquisition solidifies Archer’s acknowledged IT-GRC industry leadership and will strengthen the company’s ability to deliver outstanding enterprise GRC solutions. With the acquisition, Archer will leverage Brabeion’s industry-leading content library to further enhance its best-in-class Policy Management solution.<\/p>\n","protected":false},"excerpt":{"rendered":"
Developed in cooperation with PriceWaterhouseCoopers, the Brabeion content will be added to Archer’s GRC product line and significantly expand Archer’s content offerings to now include more than 130 technical compliance baselines and controls.<\/p>\n
This acquisition also gives Archer immediate access to a diversified, blue chip customer base including 12 of the Forbes 350 and 15 Fortune 1000 clients.<\/p>\n
As part of our future growth strategy, Archer will actively and selectively seek additional strategic partnerships and acquisitions that enable customers to implement a best-in-class GRC program,” said Jon Darbyshire, Archer President and CEO. “The timing for this deal is perfect. This location offers a strategic hub for Archer’s professional services, client support, business development and sales teams with closer proximity to 40 percent of Archer’s customer base. Most importantly, we are confident they will realize the value that Archer brings to their expanding GRC initiatives outside of IT.”<\/p>\n
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