CA buys cloud computing security maker accelerates cloth cloud security

Source: Internet
Author: User
Keywords Cloud computing Security
Since the new technology concept of cloud technology has been put forward, network security has been shuffled by cloud computing security. Major product safety manufacturers have dabbled in cloud computing security, Beijing time September 1 morning news, according to foreign media reports, computer software enterprise CA Technologies (hereinafter referred to as CA) has signed an agreement to 200 million U.S. dollars to acquire cloud computing security vendors Arcot Bae. The CA expects the deal to end at the end of the second quarter of fiscal year 2011, possibly reducing its earnings in accordance with General accounting standards (GAAP), but will increase the earnings of NON-GAAP accounting. After acquiring Arcot, the CA will integrate Arcot operations into its security business. Founded in 1997, Arcot is now a leader in cloud computing digital signature and recognition solutions. Arcot's solution provides users with secure online trading and information rights to check around 1 million credit card transaction information daily to prevent or track credit card fraud. A large number of financial institutions, pharmaceutical companies, and E-commerce sites rely on Arcot fraud-proof technology. After acquiring Arcot, the CA will be able to increase the fraud-proof and advanced authentication capabilities for its secure product line through cloud computing security. CAS believe that the Advanced Certification (advancedauthentication) market will show double-digit growth in the next few years, and Arcot products will help the CA increase revenue in this area. The industry believes that the transaction has a positive strategic significance for CAS, given that the Arcot subscription business model generates recurrent revenue and capital flows. At the same time, Arcot's customer retention rate is as high as 100%, reflecting its quality of service. The CA has enhanced its capabilities in IT management, security software and services through a series of acquisitions, including previous acquisitions of Nimsoft as, 3Tera and Oblicore this year. In the first quarter of fiscal year 2011, CA revenues rose 5% to 1.09 billion dollars. The CA has performed well in almost all business areas and in all markets, thanks in large part to increased IT spending by the enterprise. However, in the area of cloud computing security, CAs are also facing competition from large companies such as IBM, HP and Dell. "Editorial Recommendation" antivirus full cloud security who is worth the real choice cloud computing information security prospects unknown who to protect the cloud in the information security protection of the cloud Operators cloud computing: Information Security Open a new chapter "Editor: Zhangqi TEL: (010) 68476606" Original: CA Acquisition cloud computing security manufacturers accelerate cloth chess cloud safe return to network security home
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.