RSA buys Securant

Security firm RSA has bought authentication specialist Securant.

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By  Jon Tullett Published  July 31, 2001

RSA Security has announced it has signed an agreement to acquire Securant Technologies, a privately held company that develops ClearTrust authorisation software, for US$136.5 million.

"Authorisation has always been part of RSA Security?s mission to enable secure e-business by ensuring the authenticity of people, devices and transactions," said Art Coviello, CEO and president at RSA Security. "This acquisition will help us fulfill that mission. We started with RSA SecurID authentication solutions to help organisations ensure the identity of users. We are adding the ClearTrust authorisation solution to enable organisations to control what those users see or do once they have been authenticated."

Research firm IDC says Web-based authorisation market segment is expected to grow at a compound annual rate of nearly 70 percent over the next four years. RSA, counting on immediate revenues from the Securant acquisition, says this increase is being driven by organisations that need to both expand the number and types of users who can access their networks, applications and Web sites, and at the same time, consolidate Web sites under a comprehensive portal management system.

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