EMC Corporation announced a deal for privately held identity and access management provider Aveksa in a proposed move meant to expand the cloud and remote enterprise security capabilities from its security division, RSA.
EMC stated in a release on the proposed deal that Aveksa’s complementary and unique offerings for access governance and provisioning would further follow through on RSA’s “Adaptive IAM” strategy with the management of user lifecycles and access across in-house and deployed environments.
“The adoption of cloud-based IT infrastructures and the pervasive use of mobile means that security organizations are being asked to secure and provide access to assets they don't own, manage, or control,” said RSA Executive Chairman Art Coviello in a release on the proposed deal. “Without the deep intelligence able to provide insight into what users should and should not have access to, traditional tools that simply automate IAM leave organizations exposed to the risk of excessive privilege, data breaches and regulatory non-compliance.”
Financial terms of the deal were not disclosed. Based outside of Boston, privately held Aveksa is slated to join RSA’s Identity Trust Management product group. The Aveksa deal is the first announced acquisition from EMC since the late 2012 move for fraud and Web monitoring vendor Silver Tail Systems, also geared to strengthen RSA’s portfolio.
A few members of Aveksa’s executive leadership team carry over pedigree from BMC Software. Its customers include Deutsche Bank, Cricket Communications and Daimler Financial Services.
RSA started the first half of 2013 with a focus on the advanced analytics side of risk and protection – including a new authentication release and announcements on the potential of big data for security from Coviello – and in April its information security division of EMC reported quarterly earnings that increased 12 percent year-over-year. RSA parent company EMC had a busy May, unveiling a new data protection suite and SDN platform, as well as announcing the reacquisition of up to $6 billion in stock through 2015 and a quarterly dividend program.