Posted by: Marcia Savage
Identity and access management, Security Vendor News
Cisco Systems on Thursday said it agreed to buy security software maker Securent for about $100 million.
Cisco described Securent’s policy management software as allowing enterprises to administer, enforce, and audit access to data, communications, and applications in heterogenous IT environments.
“As enterprises shift to service-oriented architectures and adopt technologies such as unified communications and Web 2.0 based collaboration, there is a rising need for control over access to distributed enterprise resources,” Don Proctor, senior vice president of Cisco’s collaboration software group, said in a prepared statement.
Mountain View, Calif.-based Securent was founded in 2004 and has 57 employees with development operations in India. The deal is expected to close in the second quarter of Cisco’s fiscal year 2008.
Scott Crawford, research director at analyst and consulting firm Enterprise Management Associates, wrote in a recent report that the need to more closely manage resource access for more effective governance and risk management is spurring innovation in the identity management market.
He added that “the elaboration of XACML, the XML Access Control Markup Language, has factored centrally in the emergence of Securent’s distinctive entitlements management offering.”