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Company type | Private |
---|---|
Industry | Compliance software |
Founded | 1996 |
Headquarters | 47257 Fremont Boulevard, Fremont, CA 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.
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. 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, 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". InfoWorld. Retrieved 2020-01-07.
- "Virsa Systems Acquires Software from PricewaterhouseCoopers LLP to Accelerate Delivery of Sarbanes-Oxley Solutions on Multiple Platforms". www.businesswire.com. 2004-12-02. Retrieved 2020-02-02.
- SAP United States - SAP Launches Governance, Risk and Compliance Management Business Unit to Lead New, Emerging Market
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