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Digital Transformation

Apple to Buy Mobile Security Vendor AuthenTec

Proving that security remains a key part of any mobile conversation, it looks like Apple will buy AuthenTec for $355 million.  It’s interesting that this came up via a SEC filing rather than a press release. I guess something that only represents $8/share for a $595/share company isn’t all that big a deal.

Seriously though, a lot of companies are very scared about security in a more mobile world. Highly regulated industries like Finance and Healthcare have good reason to think about it.  Security breaches can cost them millions of dollars in fines.   A few excerpts from the article at CRN.

AuthenTec manufactures a range of secure networking, content and data protection technologies used in both PCs and mobile devices. But the Melbourne, Fla.-based company is best known for its fingerprint sensors and identify management software, used to block the access of unauthorized users on notebooks, smartphones, and tablets.

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In a similar effort to dispel these beliefs, Apple made its debut appearance at the security-focused Black Hat conference in Las Vegas this week, with Dallas De Atlet, manager of the platform security team at Apple, leading a session focused specifically on iOS security technologies.

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Michael Porter

Mike Porter leads the Strategic Advisors team for Perficient. He has more than 21 years of experience helping organizations with technology and digital transformation, specifically around solving business problems related to CRM and data.

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