As part of the transaction, TrustedID will become part of Equifax Personal Solutions, the company’s direct-to-consumer business unit that offers credit monitoring and identity protection solutions. That said, TrustedID’s 30 employees will remain at its Palo Alto, Calif., HQ.
EMC Nabs Aveksa, a Player in Identity Management (All Things Digital)
EMC said today that it had acquired Aveksa, a privately held company that specializes in identity management. It’s based in Waltham, Mass., and has significant operations in India. First reports of the deal came from the Times of India, which said EMC paid $225 million. Aveksa will become part of RSA, the security division of EMC.