|
REDWOOD SHORES, Calif.
18-JUL-2007 05:00 AM
Oracle today announced that it has agreed to
acquire Bharosa, Inc., a leading provider of software that helps combat online identity theft and
fraud. Strong authentication and fraud detection are increasingly critical components of identity
management deployments and are seeing rapid adoption. Driven by regulatory mandates such as
FFIEC, PCI, and HIPAA, organizations are under pressure to reduce fraud and provide higher
levels of assurance of users' identities and their usage intent. By adding some of the leading real-time fraud
prevention capabilities of Bharosa's Tracker and Authenticator software to Oracle's existing web
single sign-on and web-based authorization solutions, Oracle will uniquely provide the next
generation of access management to customers and the market.
"Oracle Identity Management ranks among the industry's top solutions and we plan to
continue rapidly expanding our security business to provide our customers with the most
comprehensive, leading information protection solutions available," said Hasan Rizvi, vice
president, Identity Management and Security Products, Oracle. "We expect Oracle and Bharosa,
together, to provide enterprises with a comprehensive identity management solution that
integrates proactive, real-time fraud prevention."
With more than 25 million users, Bharosa's real-time fraud detection and multifactor
online authentication security solutions for the enterprise, combined with Oracle's established
web single sign-on and web-based authorization solutions, will result in a differentiated solution
that protects investments by extending internal web Single Sign-On (SSO) solutions to external
users. It also creates a highly secure, low impact security solution that protects users from
common, often costly, threats.
"Companies need new mechanisms that complement their existing security solutions so
that they can better protect themselves from insider threats and misuse from privileged users,"
said Jon Fisher, CEO, Bharosa. "At Bharosa, we're thrilled to bring our market-leading solutions
to the world's largest enterprise software company."
Bharosa's Tracker and Authenticator software will continue to be available on a
standalone basis with integrations for Oracle and non-Oracle environments as well as integrated
with Oracle Identity Management.
The transaction is subject to customary conditions and is expected to close in August
2007. Financial details were not disclosed. More information is available at
http://www.oracle.com/bharosa.
About Oracle Identity Management
Serving as the security backbone for Oracle Fusion Middleware, Oracle Identity Management
helps customers and partners decrease security threats across diverse IT environments while
helping address governance, risk and compliance needs. Oracle Identity Management was the market's fastest growing suite of Identity Management products in 2006, based on total software revenues worldwide. Oracle Identity
Management's support of industry standards such as WS*, XACML, SAML and SPML helps
enable customers and partners to more easily integrate applications with the framework. The
family of best-in-class software, which can be used in its entirety or as individual components,
includes Oracle Identity Manager, Oracle Access Manager, Oracle Enterprise Single Sign-On
Suite, Oracle Identity Federation, Oracle Virtual Directory, Oracle Internet Directory, Oracle
Management Pack for Identity Management and Oracle Web Services Manager. To learn more,
visit http://www.oracle.com/identity.
About Oracle
Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more
information about Oracle, visit our Web site at http://www.oracle.com.
# # #
Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be
trademarks of their respective owners.
This document is for informational purposes only and may not be incorporated into a contract.
|
