Wednesday, November 16, 2005

Oracle Buys Two Security Firms

Software firm boosts database products with identity management solutions.
By Priya Ganapati
November 16, 2005

Database software giant Oracle said Wednesday it’s buying two security software companies in a bid to offer its database customers a secure product that will take care of their identity and access management requirements.

Oracle plans to acquire Thor Technologies, a provider of identity and access management solutions, and OctetString, a provider of virtual directory software. Both companies focus on ensuring that only authorized users have access to read and make changes to sensitive data.

The two acquisitions will help complement Oracle’s existing database products by bolstering their security and offering customers a single point for their database-related needs, said Carmi Levy, an analyst with Info-Tech Research Group, an advisory services company focused on mid-sized firms.

More at Red Herring Online

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