CA to Acquire Arcot

Yesterday the news came out that CA is planning to acquire Arcot for about 200 Million. If you’ve read that it’s part of a CA IAM play, that’s correct, but it’s Strong AuthN and fraud prevention for IAM. Strong AuthN is something CA hasn’t really had before and the Arcot mobile solutions mean this can also be billed handily as a “cloud play.”

For more, take a look at this coverage:

From eWeek:

CA Technologies has agreed to acquire Arcot Systems for its authentication and anti-fraud technology. The acquisition comes with a price tag of $200 million. Founded in 1997, Arcot develops software-based digital signature and identity tools to help secure online transactions. Delivered via the cloud or on-premise, the company’s products protect about one million online credit card transactions a day, according to Arcot. CA’s plan is to blend Arcot’s capabilities with CA’s identity and access management (IAM) solutions, specifically the CA SiteMinder portfolio.

Full article at eWeek.

From eSecurity Planet:

Business software developer CA this week acquired Arcot Systems, a privately held provider of cloud-based fraud-prevention and authentication software applications, as it looks to pad out its identity and access management (IAM) portfolio. The $200 million, all-cash purchase is expected to close by the end of September and will be “slightly” accretive to CA’s (NASDAQ: CA) net income by the end of its fiscal year in March. Sunnyvale, Calif.-based Arcot provides both cloud-based and on-premises identity management and fraud prevention applications that track more than 1 million credit-card transactions a day. CA officials said that the addition of Arcot’s technology to CA’s SiteMinder portfolio of security apps will enable customers to reduce the risk of fraud and identity theft for their online transactions and meet regulatory requirements in a faster, cheaper and more effective fashion.

Full article at eSecurityPlanet.