Barracuda acquires Evo Security to expand identity tools for MSPs
What's the deal? Barracuda Networks has acquired Evo Security, an identity and access management (IAM) provider built for managed service providers (MSPs). The deal folds Evo's tools into Barracuda's BarracudaONE platform, adding privileged access management, access control, identity protection, and threat detection. Terms were not disclosed.
What's the endgame? Barracuda wants BarracudaONE to deliver a four-layer identity security architecture through a single, multi-tenant platform. The goal: give partners one environment to manage identity at scale, and give customers protection without stitching together multiple tools.
What each company does: Barracuda sells cyber resilience products for businesses of all sizes. Evo Security builds IAM tools designed from the start for MSP operations, enforcing who can access what across users, devices, and endpoints.
Why now? Chief executive officer Rohit Ghai framed the deal around the rise of AI. "As AI accelerates the speed and scale of identity-centric attacks, this combination is uniquely positioned to help organizations big and small stay ahead of these threats," he said.
He also argued that existing enterprise identity products fall short for MSPs. They are "complex, costly and fail to meet the needs of MSPs that must scale to securely manage millions of identities across thousands of customer environments," Ghai said.
What changes for partners? The combined stack aims to eliminate standing privileges, replace broad network access with least-privilege controls via Barracuda SecureEdge ZTNA, back up Microsoft Entra ID configurations, and correlate threat signals across email, endpoints, network, and cloud through Barracuda Managed XDR.
Evo founder and chief executive officer Michael Roth said joining Barracuda "gives us the scale, reach and resources to accelerate that mission globally."
The signal: The acquisition lands as global IAM investment climbs at double-digit year-over-year growth, according to industry analysts. As AI drives more identity-based attacks, vendors are racing to consolidate fragmented security tools into unified, partner-first platforms — and Barracuda is betting the MSP channel is where that demand is sharpest.
Read more: Business Wire