Online and Digital Identification, Securing Web 2.0, PKI and Digital Certificates

CA Technologies to acquire Arcot Systems in million dollar deal

Tuesday, August 31, 2010

CA Technologies announces the purchase of Arcot Systems Inc. in an all-cash transaction of $200 million. The authentication and fraud detection software company is said to prevent fraudulent transactions for close to a million online credit transactions daily.

It is the hope of CA to combine their CA SiteMinder portfolio with the Arcot technology and create a comprehensive preventative solution for their customers.

CA acquired Arcot as part of their cloud security strategy. The all-cash transaction is expected to close by the end of CA Technologies second fiscal quarter, ending September 30. [end] 

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