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X-Original-To: cryptography@metzdowd.com X-Original-To: cryptography@metzdowd.com Date: Mon, 5 Dec 2005 14:40:33 -0500 To: cryptography@metzdowd.com From: "R. A. Hettinga" <rah@shipwright.com> --- begin forwarded text Delivered-To: clips@philodox.com Date: Mon, 5 Dec 2005 14:38:43 -0500 To: Philodox Clips List <clips@philodox.com> From: "R. A. Hettinga" <rah@shipwright.com> Subject: [Clips] RSA buys Cyota for $145 million Reply-To: rah@philodox.com Sender: clips-bounces@philodox.com <http://www.infoworld.com/article/05/12/05/HNrsacyota_1.html?source=NLC-SEC2005-12-05> InfoWorld RSA buys Cyota for $145 million Acquisition gives RSA broader range of authentication techniques By Nancy Gohring, IDG News Service December 05, 2005 Print this RSA Security (Profile, Products, Articles) on Monday said it plans to buy Cyota, the provider of online security and antifraud products, for $145 million. The acquisition will allow RSA to offer customers a broader range of authentication techniques. RSA hopes to offer a risk-based authentication approach, allowing customers to choose an authentication method to meet the specific risks they face. Customers will be able to choose from a portfolio that includes watermarking, digital certificates, tokens, and smart cards. In addition to the authentication offerings, RSA also plans to offer Cyota's services such as its antifraud service, which includes fraudulent site shut-down, detection of phishing attacks as well as a transaction-protection service that authenticates credit card users and identifies fraudulent activity in accounts. RSA expects the acquisition will add as much as $25 million in revenue in 2006. The price for the privately held company includes $136 million in cash for Cyota stock, $5.5 million in cash to fund a three-year retention pool and $3.5 million for outstanding Cyota stock options. The deal is expected to close within 30 days. -- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' _______________________________________________ Clips mailing list Clips@philodox.com http://www.philodox.com/mailman/listinfo/clips --- end forwarded text -- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' --------------------------------------------------------------------- The Cryptography Mailing List Unsubscribe by sending "unsubscribe cryptography" to majordomo@metzdowd.com
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