RSA Acquires PassMark for $44.7M
Ellen Messmer writes on NetworkWorld:
RSA Security Monday announced it has acquired PassMark Security, a privately-held provider of software-based authentication software, for $44.7 million in a combined cash and stock-swap deal consisting of $9 million in cash and the balance in RSA common stock.More here.
PassMark’s authentication software is primarily used by financial institutions to offer their customers a stronger form of authentication than simple passwords by asking them to identify images and phrases, a process that also helps thwart phishing attacks by validating the Web site to the customer.
posted by Fergie @ 4/24/2006 11:53:00 AM
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