EMC buys authentication service provider Verid
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(InfoWorld) - Looking to extend its RSA division's authentication product line, EMC has purchased identity verification services vendor Verid. EMC had been selling Verid's services as part of its Adaptive Authentication suite since September of last year, but with the acquisition the company can now offer better integration with the RSA product line, said Marc Gaffan, director of product marketing at RSA. And that will help businesses that use RSA technology, he said. "We can make the acquisition of new customers more seamless and more rapid," he said. Verid's service is what is known as a "knowledge-based authentication" product. It can search public records for difficult-to-answer questions that can be used to establish the identity of a user. "When they want to vet your identity, they'll ask you, for example, what was the make of your first car? Where did you live between 1990 and 1993," Gaffan said. EMC will continue to sell Verid's services as stand-alone products, but in about a year, they will also be integrated into the RSA eFraudNetwork information-sharing community, he added. Founded in 1999, Verid has a staff of about 40 and is headquartered in Fort Lauderdale, Florida. Terms of the acquisition, which was finalized on June 1, were not disclosed.
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Storage company EMC has agreed to buy Document Sciences, a developer of software for personalizing mailshots and other communications. The acquisition will allow EMC to extend its offering in the field of transactional content management, which it sees as the fastest-growing part of the enterprise content management market. It plans to incorporate Document Sciences into its content management and archiving division.Using xPression, Document Sciences&#39; flagship application, companies can automate the creation and delivery of personalized communications such as brochures and contracts. The data can be drawn from CRM (customer relationship management), ECM (enterprise content management) and ERP (enterprise resource planning) systems, it said.Automating the processes can save companies money or speed deals along, Document Sciences said. It has more than 500 customers using its software, it said.Document Sciences and EMC have been partners since 2004, when Document Sciences signed an agreement to integrate its xPression software with EMC&#39;s Documentum platform.Acquiring Document Sciences will allow EMC to further its goal of delivering systems for handling business problems end to end, it said.The xPression software could be useful for companies building transaction-intensive consumer financial applications such as new account enrollment, wealth management, brokerage and claims processing.The acquisition, for $85 million in cash, already has the approval of the companies&#39; boards of directors. Subject to customary closing conditions, including the approval of regulators and Document Sciences&#39; shareholders, the companies expect to close the deal by the end of March.EMC went on a buying spree in 2003, buying Legato and&#160;Documentum&#160;and has added around 20 companies since then, including security and encryption company&#160;RSA Security, virtualization specialist&#160;Rainfinity, and other companies such as Acartus,&#160;Captiva,&#160;and&#160;Internosis.
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Data storage firm EMC Corp. said Tuesday it agreed to purchase Smarts Inc., a privately held maker of event automation and network systems management software, for about $260 million in cash.
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EMC Corp.   on Tuesday said it has agreed to acquire Smarts Inc., a privately held maker of event automation and real-time network systems management software, for about &#36;260 million in cash.
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NEW YORK: Verizon Wireless said on Thursday it had signed an agreement with NextWave Telecom to purchase all of its airwave licences for $3bn.
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EMC Corp. and Veritas Software Corp. are building up their respective e-mail archiving offerings through development and acquisition to give customers more stringent control of enterprise content.
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EMC has acquired Voyence to help IT administrators keep track of both the changes made in their network and security devices and the problems that come up -- which, in some cases, are related.
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EMC is buying privately held System Management ARTS, known as Smarts, in a Â£135m deal that will boost EMC&#39;s software portfolio and management capabilities.
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Symantec Corp. (SYMC.O: Quote, Profile, Research) , the top global security software maker, on Thursday said it will buy Veritas Software Corp.
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EMC Corp., computer storage maker, will buy Smarts Inc., known for its InCharge real-time network systems management software, for $260 million.
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Acquisition of consumer-authentication specialist designed to augment services offered by EMC's security division, RSA.
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(InfoWorld) - EMC Corp. will spend US$175 million to acquire security information provider Network Intelligence Corp. The privately held Westwood, Massachusetts, company sells appliances that probe computer networks, providing security and compliance analysis. EMC's latest acquisition, expected to close late Monday, underscores the growing importance of security technology to the storage vendor. Also on Monday, EMC announced that it had completed its $2.1 billion purchase of RSA Security, which will form the basis of a new RSA-branded security division within the company. Former RSA CEO Art Coviello will head up this division, which will absorb the Network Intelligence business unit, EMC said in a statement. Founded in 1996, Network Intelligence has more than 125 employees, according to the company's Web site. With these latest acquisitions, EMC hopes to be able to sell security as part of a broader product portfolio, said Joe Tucci, EMC's chairman, president and chief executive officer. "It's becoming critical that security move beyond a point product solution," he said. Analysts say security companies will find it increasingly difficult to go it alone, with technology giants such as Microsoft Corp., Cisco Systems Inc. and IBM Corp. moving quickly to add security features to their broader product platforms. Just last month, IBM said it would spend $1.3 billion to acquire managed security vendor Internet Security Systems (ISS).ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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(InfoWorld) - EMC Corp. will train more than 1,000 Wipro Ltd. staff in the use of its storage technologies as part of an alliance announced by the companies on Wednesday. EMC becomes the latest of several big technology vendors to partner with an Indian outsourcer to deliver services to customers worldwide. The partnerships take advantage of the low cost of providing services from India, as well as the considerable client base of Indian outsourcers. The partnership with Wipro, of Bangalore, is the first by EMC with an Indian outsourcing company. As part of the deal, the companies will also jointly market their products, with Wipro offering pre-sales, delivery and development services to customers. "Ours is a technology play, while Wipro's is a services play in this partnership," said Sanjay Mirchandani, EMC's senior vice president of emerging markets and international development. Besides the U.S. and Europe, the companies will target the growing Indian and Middle Eastern markets, where EMC sees a big opportunity for its products, and where both companies are already making significant investments, Mirchandani said. In March, EMC partnered with the Indian training company NIIT Ltd. to train storage professionals in 32 countries, including India. EMC has its own services organization, and Wipro and EMC are working out the details to avoid competition between their respective services divisions, Mirchandani said.
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It's rich, it's sophisticated EMC is buying a document management software firm for $85m.â¦
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VeriSign Inc said yesterday that it is now offering voice over IP service providers with access to its SS7 signaling network, allowing them to outsource the process of connecting their networks to regular telecommunications carriers.
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Deal valued at about $175 million adds to products offered by EMC's information security division.
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(InfoWorld) - EMC has signed a definitive agreement to acquire Valyd Software, a Hyderabad, India, vendor of software for securing enterprise data. EMC did not disclose the sum it will pay for Valyd, a privately held company. Valyd's software will be brought into RSA, the security division of EMC that was set up last year to integrate products from itsÂ acquisition of RSA SecurityÂ andÂ Network Intelligence. The acquisition is expected to close in the first quarter, the Hopkinton, Massachusetts, vendor of storage management and security software said Tuesday. Valyd's technology for encrypting and securing data at the database and file system level will lead to the introduction of two new products from the RSA division, after the acquisition is complete, said Manoj Chugh, president of EMC India, on Wednesday. RSA Database Security Manager will address security of data on a variety of database management systems, while RSA File Security Manager will secure data security at the file and folder level, Chugh said. A focus of the RSA division is on products that manage and secure enterprise-wide information assets regardless of where they resides on the network, Chugh said. Valyd's technology, which runs on a large variety of operating systems and database systems, fitted well into the strategy of the RSA division, he added. Valyd Software was set up in 1998 to develop software to secure enterprise data. The company has over 50 staff in Hyderabad, which will be increased to 100 by the end of this year, Chugh said. The Hyderabad operation will focus on the development and enhancement of the new security products, he added. Indian product companies have emerged as acquisition targets for multinational companies. Oracle Corp., for example, has acquired a majority stake in Indian financial software company, i-flex Solutions Ltd. "India was until now perceived as a low-cost location for outsourcing work, rather than as a place where you could find top quality innovation and intellectual property," Chugh said.