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Monday, April 24, 2006
RSA snaps up authentication software maker
RSA Security has acquired authentication software maker PassMark Security in a $44.7 million cash and stock deal. The acquisition is designed to bolster RSA’s presence in the financial services arena and build on its recent acquisition of Cyota, the company announced Sunday.
PassMark, based in Menlo Park, Calif., provides so-called two-factor authentication for conducting transactions over the Internet. PassMark’s technology is designed to guarantee the identity of a person who visits a Web site, based on his or her password and the type of device used.
http://news.zdnet.com/2100-1009_22-6064214.html?part=rss&tag=feed&subj=zdnet