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.

Dave Hansen, general manager for the Security business at CA Technologies and its former CIO, said the acquisition gives his company a “proven, robust” future in cloud security.
“In a larger enterprise in the cloud, we were waiting and watching, but we wanted something to build on with existing infrastructures,” Hansen said in a phone interview Monday.
He added: “It clearly compliments what we’re doing.”

Arcot has existing verifications for 120 million identities.

 

 

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access