Appetite for Acquisition: Oracle to Gobble Up BharosaBy Brian Prince | Posted 2007-07-18 Print
Oracle intends to protect investments by extending internal Web single sign-on tools to external users.
Oracle is buying Bharosa, a provider of software that helps combat online identity theft and fraud.
Financial terms of the deal, which is expected to close in August, were not disclosed.
Oracle officials, in announcing the deal July 18, said they plan to add the real-time fraud prevention capabilities of Bharosa's Tracker and Authenticator software to Oracle's existing Web SSO (single sign-on) and Web-based authorization tools. The goal, Oracle officials said, is to protect investments by extending internal Web SSO tools to external users.
"Oracle Identity Management ranks among the industry's top solutions and we plan to continue rapidly expanding our security business to provide our customers with the most comprehensive, leading information protection solutions available," Hasan Rizvi, vice president of Redwood Shores, Calif.-based Oracle's identity management and security products, said in a statement. "We expect Oracle and Bharosa, together, to provide enterprises with a comprehensive identity management solution that integrates proactive, real-time fraud prevention."
Founded in May 2003, Bharosa, of Santa Clara, Calif., has two main software products: Authenticator and Tracker. Authenticator, as the name implies, is a collection of secure authentication software products that work with Web browsers to protect sensitive data. Tracker is an anti-fraud software tool that verifies different factors—from the computer/mobile device used to log in to a user's location and behavioral profiles—to confirm identity.
Both software products will continue to be available on a stand-alone basis, though they will be integrated with Oracle and non-Oracle environments and with Oracle Identity Management.
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