ISLANDIA, N.Y., Oct. 5 /PRNewswire-FirstCall/ -- CA Technologies (Nasdaq: CA) today announced it has completed the acquisition of privately-held Arcot Systems, Inc. for $200 million in an all-cash transaction.
The acquisition of Arcot adds visionary technology for fraud prevention and advanced authentication to CA Technologies leading Identity and Access Management (IAM) offerings. Arcot solutions – delivered as on-premises software or as a cloud service – also build on CA Technologies cloud security strategy and help accelerate the company's delivery of IAM solutions as a comprehensive service from the cloud.
"Controlling identities and their access to information is a critical area of security. The combination of Arcot's software-only approach to advanced authentication and fraud prevention and our CA SiteMinder portfolio gives our customers robust and flexible options for reducing risk, supporting regulatory compliance and confidently securing business transactions," said Dave Hansen, general manager, Management Products and Solutions and Security, CA Technologies.
For additional information, please visit http://www.ca.com/arcot.
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About CA Technologies
CA Technologies (Nasdaq: CA) is an IT management software and solutions company with expertise across all IT environments – from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at www.ca.com.
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SOURCE CA Technologies
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