RSA buys India's Valyd Software

Source: RSA

RSA, The Security Division of EMC (NYSE:EMC), today announced a major expansion of its enterprise data protection (EDP) strategy that will help enable customers to secure encryption endpoints across the enterprise.

By protecting data wherever it resides, this will empower customers to pursue and accelerate their primary business objectives with confidence.

Core to this development, RSA has announced a definitive agreement to acquire Hyderabad, India-based Valyd Software Private Ltd. for an undisclosed sum, and has established strategic partnerships with CipherOptics, Decru, NeoScale Systems and Epicor|CRS.

The acquisition of Valyd is expected to close later in Q1-2007. Upon completion, it will immediately provide RSA's customers with solutions for effective enterprise-wide data protection for a variety of database management systems and protection of sensitive data maintained in files -- against internal and external attacks.

Regulations regarding the protection of sensitive consumer, business and government data to prevent identity theft and fraud have created new security complexities that many organizations are not equipped to solve. Existing state laws and federal laws are spurring organizations to protect this data fully regardless of where it lives and where it travels - including within applications, databases, files, disk storage systems, tape systems or network links. The expansion of the RSA Enterprise Data Protection strategy and technology offerings will help organizations tackle the deployment of encryption technology more efficiently - and with greater control and predictability by simplifying the management of security controls.

The powerful combination of RSA Database Security Manager and RSA File Security Manager with encryption solutions from our strategic partners will enable stronger integration between endpoint security solutions and RSA Key Manager's capabilities.

In addition, a strategic technology alliance with Epicor|CRS has been established which will provide the first RSA key management-enabled point-of- sale (POS) solution to retailers. RSA Key Manager technology is planned to be integrated into Epicor|CRS's retail point-of-sale solution to help protect sensitive information such as credit card magnetic stripe data and consumer data at the point of entry to meet PCI and other data security requirements. RSA Key Manager software is a stand-alone key lifecycle management offering that enables businesses to effectively control encryption keys by providing centralized, secure and simplified administration for all applications.

"Enterprises will turn to RSA to leverage our expanded set of enterprise data protection solutions that are engineered across all encryption endpoints to mitigate risk further, reduce costs and help meet regulatory compliance mandates. We're working to accelerate their business objectives because, with the proper security controls in place, we can help them focus on current business processes and ensure that business continuity plans function without interruption," said Rick Welch, Vice President & General Manager, Data Security Solutions at RSA, The Security Division of EMC. "We are working to reduce the complexity in the typical IT environment where heterogeneous applications and platforms exist. With integrated solutions from RSA, our customers can confidently protect their private consumer, employee and partner data throughout the information infrastructure."

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