Date storage equipment company EMC Corp., (NYSE:EMC) has acquired identity verification services company Aveksa in a move to boosting the offerings of its own security division.
EMC disclosed no financial details of its acquisition of privately-held Aveksa. Hopkinton, Mass.-based EMC, which maintains North Carolina operations in Research Triangle Park and Apex, said that Aveksa will operate within EMC’s security division, RSA.
EMC said Aveksa’s offerings are complementary to its own. The company said that the technologies could work together with identity assurance and access controls that ensure that only legitimate users have access to sensitive corporate information, regardless of their location or device. Aveksa’s technology is similar to that of EMC’s RSA division and used by customers in financial services, health care, retail, energy, telecommunications, transportation and manufacturing.
EMC said it doesn’t expect the acquisition to significantly affect its results this year. EMC stock closed at $24.30.