HOPKINTON, Mass. — EMC Corp. has purchased Verid Inc., aprovider of provider of knowledge-based authentication solutions tofinancial institutions, telecoms and retailers.
|EMC said the acquisition of privately held Verid is complete andno other transaction details would be announced.
|Fort Lauderdale, Fla.-based Verid (www.verid.com) will beintegrated into EMC's RSA division, which also includes theworldwide anti-phishing and fraud detection network of the formerCyota Inc. and the image-based online banking authentication toolsof PassMark, deals closed in 2006 for $145 million and $44.7million, respectively.
|More than 100 million end users are now under contract to RSAclients around the world, the company says. – [email protected]
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