August 30, 2010 – CA Technologies announced this morning a definitive agreement to purchase Arcot, an authentication and fraud prevention software firm, for $200 million.
CA Technologies, an IT management software company based in Islandia, N.Y., made the buy to bolster growing concerns related to enterprise security, according to a news release from the company. The acquisition of Arcot aims to compliment CA’s identity and access management portfolio with accelerated delivery from cloud sources and expanded business-to-business ventures.
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