Virsa Systems
{{Orphan|date=March 2017}}
{{Infobox company |
name = Virsa Systems |
type = Private |
logo = Image:Virsa logo.png |
foundation = 1996 |
location = 47257 Fremont Boulevard, Fremont, CA 94538 |
key_people = Jasvir Gill, CEO |
num_employees = |
revenue = |
operating_income = |
net_income = |
industry = Compliance software |
products = Compliance One, Network Enforcer |
homepage = [http://www.virsa.com/ www.virsa.com] |
footnotes =
}}
Virsa Systems was a California-based compliance software maker. It now forms the Governance, Risk Management, and Compliance (GRC) vertical of SAP Labs.{{Cite web|url=https://www.infoworld.com/article/2655404/sap-to-buy-compliance-software-firm-virsa.html|title=SAP to buy compliance software firm Virsa|last=Martens|first=China|date=2006-04-03|website=InfoWorld|language=en|access-date=2020-01-07}}
History
{{Disputed section|Factual accuracy disputed|date=December 2010}}
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.{{Cite web|url=https://www.businesswire.com/news/home/20041202005227/en/Virsa-Systems-Acquires-Software-PricewaterhouseCoopers-LLP-Accelerate|title=Virsa Systems Acquires Software from PricewaterhouseCoopers LLP to Accelerate Delivery of Sarbanes-Oxley Solutions on Multiple Platforms|date=2004-12-02|website=www.businesswire.com|language=en|access-date=2020-02-02}} 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,[http://www.sap.com/usa/company/press/Press.epx?PressID=6247&Query=virsa SAP United States - SAP Launches Governance, Risk and Compliance Management Business Unit to Lead New, Emerging Market] the acquisition was a part of its creation of a new business unit to provide customers with end-to-end solutions for GRC.{{what|date=February 2023}}