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String Of Deals Shows Demand for Cloud-Based Authentication |
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Source: Dark Reading - Posted by Anthony Pell
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The authentication and identity management market for cloud-based architectures has experienced a recent acceleration in consolidation, with two big acquisitions from VMware and CA Technologies, as well as Symantec's recent pick-up of VeriSign's security business, demonstrating how this market is maturing.
Early last week, CA purchased Arcot Systems in a $200 million deal that its executives say will build on its identity and access management play within the cloud. Just a day later, VMware took the wraps off its own cloud identity purchase, this one of TriCipher. Though VMware did not disclose the valuation of the deal, industry scuttlebutt estimates the figure at more than $115 million.
Forrester analyst Andras Cser says the deals are proof-positive that authentication-as-a-service is critical for today's identity and access management strategies and that virtualization isn't viable without identity and access management.
Read this full article at Dark Reading
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