M2 PRESSWIRE-19 July 2007-Making The Watchlist: Oracle Announces the Acquisition of Online Identity Theft and Fraud Detection Leader Bharosa(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:19072007
Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Activity on the NASDAQ market has brought this company to the attention of our research team. Oracle (NASDAQ:ORCL), is responding to the attention of investors. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.
July 18 - Oracle today announced that it has agreed to acquire Bharosa, Inc., a leading provider of software that helps combat online identity theft and fraud. Strong authentication and fraud detection are increasingly critical components of identity management deployments and are seeing rapid adoption. Driven by regulatory mandates such as FFIEC, PCI, and HIPAA, organizations are under pressure to reduce fraud and provide higher levels of assurance of users' identities and their usage intent. By adding some of the leading real-time fraud prevention capabilities of Bharosa's Tracker and Authenticator software to Oracle's existing web single sign-on and web-based authorization solutions, Oracle will uniquely provide the next generation of access management to customers and the market.
"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," said Hasan Rizvi, vice president, Identity Management and Security Products, Oracle. "We expect Oracle and Bharosa, together, to provide enterprises with a comprehensive identity management solution that integrates proactive, real-time fraud prevention."
With more than 25 million users, Bharosa's real-time fraud detection and multifactor online authentication security solutions for the enterprise, combined with Oracle's established web single sign-on and web-based authorization solutions, will result in a differentiated solution that protects investments by extending internal web Single Sign-On (SSO) solutions to external users. It also creates a highly secure, low impact security solution that protects users from common, often costly, threats.
"Companies need new mechanisms that complement their existing security solutions so that they can better protect themselves from insider threats and misuse from privileged users," said Jon Fisher, CEO, Bharosa. "At Bharosa, we're thrilled to bring our market-leading solutions to the world's largest enterprise software company."
Bharosa's Tracker and Authenticator software will continue to be available on a standalone basis with integrations for Oracle and non-Oracle environments as well as integrated with Oracle Identity Management.
The transaction is subject to customary conditions and is expected to close in August 2007. Financial details were not disclosed. More information is available at http://www.oracle.com/bharosa.
About Oracle Identity Management
Serving as the security backbone for Oracle Fusion Middleware, Oracle Identity Management helps customers and partners decrease security threats across diverse IT environments while helping address governance, risk and compliance needs. Oracle Identity Management was the market's fastest growing suite of Identity Management products in 2006, based on total software revenues worldwide. Oracle Identity Management's support of industry standards such as WS*, XACML, SAML and SPML helps enable customers and partners to more easily integrate applications with the framework. The family of best-in-class software, which can be used in its entirety or as individual components, includes Oracle Identity Manager, Oracle Access Manager, Oracle Enterprise Single Sign-On Suite, Oracle Identity Federation, Oracle Virtual Directory, Oracle Internet Directory, Oracle Management Pack for Identity Management and Oracle Web Services Manager. To learn more, visit http://www.oracle.com/identity.
About Oracle
Oracle (Nasdaq: ORCL) is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com.
Trademarks Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
This document is for informational purposes only and may not be incorporated into a contract.
During morning trading shares are up 1% to $20.66 with over 7.6 million in volume. The Market Gainer Research Team will continue to gauge the short and long term affects that this announcement will have on the company
For a complimentary subscription to the newest and most exciting online financial newsletter on the market, visit www.marketgainer.com. This article is available for viewing in the featured articles section on our website. No Credit Card information needed.
The Financial Information and Financial Content provided by Marketgainer.com is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by Marketgainer.com. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by Marketgainer.com to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. Marketgainer.com does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.
All material herein was prepared by based upon information believed to be reliable. The information contained herein is not guaranteed by Market Gainer to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Market Gainer is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data prepared by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).

Комментариев нет:
Отправить комментарий