Virsa Systems was a California-based compliance software maker. It now forms the Governance, Risk Management, and Compliance (GRC) vertical of SAP Labs.[1]

Virsa Systems
Company typePrivate
IndustryCompliance software
Founded1996
Headquarters47257 Fremont Boulevard, Fremont, CA 94538
Key people
Jasvir Gill, CEO
ProductsCompliance One, Network Enforcer
Websitewww.virsa.com

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.[clarification needed]

See also

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Footnotes

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  1. ^ Martens, China (2006-04-03). "SAP to buy compliance software firm Virsa". InfoWorld. Retrieved 2020-01-07.
  2. ^ "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.
  3. ^ SAP United States - SAP Launches Governance, Risk and Compliance Management Business Unit to Lead New, Emerging Market