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Software spin out in global growth deal

Monday 26 June 2017

A TECHNOLOGY firm which started life at Salford University is hitting the global big time.

ProofID, the owners of Salford Software, has merged with PEGRight Inc. based in Colorado, US to form the leading Identity Access Management operation in the US/Europe region. 


The two companies will retain their own brand names, but move forward as a combined business with potential market valuation of more than £18m operating across Europe and North America.

Malcolm Purdie, Head of Commercial Services at the University of Salford said: “Having acquired Salford Software from the University in 2014, the ProofID team have led the company from success to success. This international merger with PEGRight creates a fully global business.


Computer science 

“From its origins in the University’s computing services department nearly thirty years ago, the University can be rightly proud of ProofID’s success and continuing partnership with our academics and students.”

Salford University has been at the cutting edge of computing for decades. Early developments in computer programming in the 70s and 80s were translated from university research to successful commercial products by a spin out company, Salford Software Limited created in 1988. 


Products such as a series of Fortran programming language compliers became industry standards of the time. As a preferred supplier into the University sector, SSL was instrumental in trying to build computing capability in higher education and sold Novell software well into the 2000s.