Something new from the mergers and acquisitions file:
EMC Corporation says it has signed a definitive agreement to acquire privately-held Silver Tail Systems, maker of real-time web session intelligence and behavioral analysis technology. Once the deal is finalized, Silver Tail will operate within the RSA security division and "extend the capabilities of RSA’s Identity Protection and Verification (IPV) solutions, as well as other areas across RSA’s enterprise security portfolio," according to the press release I got this afternoon.
Terms of the deal remain under wraps.
EMC made these points in its public announcement:
• Silver Tail’s innovative technology enhances RSA’s position in the rapidly growing Web Fraud Detection market and complements RSA’s anti-fraud solutions that help leading banks and retailers thwart sophisticated cybercrime attacks.
• Its "pioneering product portfolio" has witnessed rapid adoption by some of the largest brands in financial services, ecommerce and federal government.
• Silver Tail’s Big Data approach to fighting cybercrime will help accelerate RSA’s strategy to leverage data analytics and adaptive risk-based controls for broader consumer and enterprise security use cases.