Company:Virsa Systems
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| Type | Private |
|---|---|
| Industry | Compliance software |
| Founded | 1996 |
| Headquarters | 47257 Fremont Boulevard, Fremont, California 94538 |
Key people | Jasvir Gill, CEO |
| Products | Compliance One, Network Enforcer |
| Website | www.virsa.com |
Virsa Systems was a California -based compliance software maker. It now forms the Governance, Risk Management, and Compliance (GRC) vertical of SAP Labs.[1]
History
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Virsa Systems was founded by Jasvir Gill, a software engineer based in Silicon Valley. The Virsa tool was substantially based on a tool developed by PricewaterhouseCoopers, known as SAFE, which was purchased by Virsa in December 2004.[2] The SAFE tool was a preventative, automated tool developed to control the granting and management of access within SAP.
On 3 April 2006, SAP AG announced its decision to acquire Virsa Systems. According to the press release,[3] the acquisition was a part of its creation of a new business unit to provide customers with end-to-end solutions for GRC.
See also
Footnotes
- ↑ Martens, China (2006-04-03). "SAP to buy compliance software firm Virsa" (in en). https://www.infoworld.com/article/2655404/sap-to-buy-compliance-software-firm-virsa.html.
- ↑ "Virsa Systems Acquires Software from PricewaterhouseCoopers LLP to Accelerate Delivery of Sarbanes-Oxley Solutions on Multiple Platforms" (in en). 2004-12-02. https://www.businesswire.com/news/home/20041202005227/en/Virsa-Systems-Acquires-Software-PricewaterhouseCoopers-LLP-Accelerate.
- ↑ SAP United States - SAP Launches Governance, Risk and Compliance Management Business Unit to Lead New, Emerging Market
External links
- Official website of Virsa Systems (no longer active)
- Official website of SAP AG
- Official website of Indian arm of SAP AG
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