EMC Acquires Aveksa Inc., Leading Provider of Business-Driven Identity and Access Management Solutions

  EMC Acquires Aveksa Inc., Leading Provider of Business-Driven Identity and
                         Access Management Solutions

Aveksa Joins RSA Security Division to Help Transform Authentication and
Identity Management Across Enterprise, Mobile and Cloud Environments

PR Newswire

HOPKINTON, Mass., July 8, 2013

HOPKINTON, Mass., July 8, 2013 /PRNewswire/ --

News Summary:

  oEMC Corporation announced it has acquired privately held Aveksa Inc., a
    leader in business-driven Identity and Access Management ("IAM")
    solutions.
  oAveksa's innovative technology will help extend RSA's vision of Adaptive
    IAM, designed to transform traditional static systems into agile,
    intelligent and scalable "situational perimeters" to help organizations
    dynamically manage user lifecycles and access across enterprise and cloud
    environments.
  oAveksa's leadership in Identity and Access Governance ("IAG") and
    Provisioning will help RSA customers ensure that users have appropriate
    and secure access to applications from within the enterprise or the cloud
    regardless of their location or device.
  oLeveraging their complementary technologies to promote intelligence-driven
    security, Aveksa and RSA together will align insight from roles,
    processes, and security-oriented Big Data to help enable better
    visibility, prioritization, detection and response to risk and real-time
    threats.

Full Story:

EMC Corporation (NYSE: EMC) today announced it has acquired privately held
Aveksa Inc., a leader in business-driven Identity and Access Management.
Effective immediately, Aveksa will operate within the RSA^® security division
as part of RSA's Identity Trust Management product group, bringing leading
technology and expertise that will help RSA bring innovative new solutions to
identity and access management challenges across enterprise, cloud and mobile
access use cases. Terms of the deal were not disclosed. The acquisition is not
expected to have a material impact to EMC^® GAAP or non-GAAP EPS for the full
2013 fiscal year.

In today's increasingly cloud-based and application-centric world,
authentication, authorization and identity management have become even more
intertwined, complex and critical. The model for each user has shifted from a
single authentication to an enterprise network, to dozens of authentications
to applications and related data, from multiple user devices, across cloud and
on-premise infrastructures. The task of ensuring that the right users get
access to appropriate company resources has traditionally been IT-driven,
using legacy IAM solutions to enforce all the policies, processes, procedures
and applications that help organizations manage access to information. The
lack of intelligence and business context has led to increased risk of data
breaches, non-compliance and excessive privilege.

RSA and Aveksa together will help give organizations the ability to automate
the complete identity lifecycle of users from a business-driven perspective,
helping turn traditional IAM systems into more agile, intelligent and scalable
"situational perimeters." With Aveksa, customers have a unified dashboard to
manage, control, and deliver access, while consistently enforcing identity and
access policies across the enterprise and cloud, at a granular level.

Aveksa solutions help define rich user profiles and increase the convenience
of managing user identities, allowing customers to continue building
"situational perimeters" that can flexibly enforce security whenever and
wherever users interact with corporate data and resources. The line of
business is given easy and secure access to applications, while enabling them
to take accountability and responsibility for making access decisions, within
the controls, processes, and policies defined by the information security
organization.

Similar to RSA, Aveksa solutions are deployed by customers of all sizes in
financial services, healthcare, retail, energy/utility, telecommunications,
transportation and manufacturing to solve a wide range of identity management
challenges. Aveksa is a comprehensive solution – it spans multiple,
heterogeneous IT systems for both on-premise and SaaS systems, and is designed
to be easily integrated into an enterprise's infrastructure.

Aveksa aligns with RSA's intelligence-driven security strategy, leveraging
insight from roles, processes, and security-oriented Big Data to enable better
evaluation, prioritization, detection and response to real-time threats. For
example, Aveksa's ability to provide rich identity context could be used to
enhance situational awareness within the RSA Security Analytics solution.

Aveksa products also complement RSA's strong authentication, access management
and federation solutions portfolio. Together, RSA and Aveksa have the
opportunity to fuse notions of authentication and identity as part of an
Adaptive Identity platform,leveraging Big Data analytics to transform
identity assurance and access controls to ensure only legitimateusers have
appropriate access to sensitive corporate information.

Executive Quotes:

Art Coviello, RSA Executive Chairman and Executive Vice President, EMC
Corporation

"Today's enterprises face significant challenges around Identity and Access
Management. The adoption of cloud-based IT infrastructures and the pervasive
use of mobile means that security organizations are being asked to secure and
provide access to assets they don't own, manage, or control. Without the deep
intelligence able to provide insight into what users should and should not
have access to, traditional tools that simply automate IAM leave organizations
exposed to the risk of excessive privilege, data breaches and regulatory
non-compliance. Together, RSA and Aveksa see tremendous opportunity to help
our customers overcome these IAM challenges."

Vick Vaishnavi, Aveksa Corp. Chief Executive Officer

"We are excited about joining the RSA team and the strategic alignment between
our organizations. Over the years, our customers have benefited from Aveksa's
comprehensive, business-driven IAM solutions. Together with RSA, we can
continue our journey to adaptive identity management that addresses today's
ever-evolving access challenges. We will continue to provide our customers and
the broader market with best-in-class solutions that reduce business risk and
enable efficient operations."

Featured Resources:

  oRSA Blog: "Rebooting IAM: Transforming IT at its Foundation"
  oAveksa Blog: "An Ending, a Beginning, and the Next Phase of IAM"
  oRSA Technology Brief: "Adaptive IAM: Defending the Borderless Enterprise"

Additional Resources:

  oLearn more about Aveksa, Inc.
  oLearn more about RSA Trusted Identity Management solutions
  oLearn more about Trusted IT from EMC 
  oConnect with RSA via Twitter, Facebook, YouTube, LinkedIn and the RSA
    Speaking of Security Blog and Podcast.

About RSA

RSA, The Security Division of EMC, is the premier provider of
intelligence-driven security solutions. RSA helps the world's leading
organizations solve their most complex and sensitive security challenges:
managing organizational risk, safeguarding mobile access and collaboration,
preventing online fraud, and defending against advanced threats.

Combining agile controls for identity assurance, fraud detection, and data
protection, robust Security Analytics and industry-leading GRC capabilities,
and expert consulting and advisory services, RSA brings visibility and trust
to millions of user identities, the data they create, the transactions they
perform, and the IT infrastructure they rely on. For more information, please
visit www.EMC.com/RSA.

About EMC

EMC Corporation is a global leader in enabling businesses and service
providers to transform their operations and deliver IT as a service.
Fundamental to this transformation is cloud computing. Through innovative
products and services, EMC accelerates the journey to cloud computing, helping
IT departments to store, manage, protect and analyze their most valuable asset
— information — in a more agile, trusted and cost-efficient way. Additional
information about EMC can be found at www.EMC.com.

EMC and RSA are either registered trademarks or trademarks of EMC Corporation
in the United States and/or other countries. All other products and/or
services are trademarks of their respective owners.

This release contains "forward-looking statements" as defined under the
Federal Securities Laws. Actual results could differ materially from those
projected in the forward-looking statements as a result of certain risk
factors, including but not limited to: (i) adverse changes in general economic
or market conditions; (ii) delays or reductions in information technology
spending; (iii) the relative and varying rates of product price and component
cost declines and the volume and mixture of product and services revenues;
(iv) competitive factors, including but not limited to pricing pressures and
new product introductions; (v) component and product quality and availability;
(vi) fluctuations in VMware, Inc.'s operating results and risks associated
with trading of VMware stock; (vii) the transition to new products, the
uncertainty of customer acceptance of new product offerings and rapid
technological and market change; (viii) risks associated with managing the
growth of our business, including risks associated with acquisitions and
investments and the challenges and costs of integration, restructuring and
achieving anticipated synergies; (ix) the ability to attract and retain highly
qualified employees; (x) insufficient, excess or obsolete inventory; (xi)
fluctuating currency exchange rates; (xii) threats and other disruptions to
our secure data centers or networks; (xiii) our ability to protect our
proprietary technology; (xiv) war or acts of terrorism; and (xv) other
one-time events and other important factors disclosed previously and from time
to time in the filings of EMC Corporation, the parent company of RSA, with the
U.S. Securities and Exchange Commission. EMC and RSA disclaim any obligation
to update any such forward-looking statements after the date of this release.

SOURCE EMC Corporation

Website: http://www.emc.com
Contact: Kevin Kempskie, RSA, the Security Division of EMC, 617-413-4333,
kevin.kempskie@rsa.com
 
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