EMC to acquire Archer Technologies

Pile of 20 pound notes

EMC is set to acquire Archer Technologies in a bid to boost its security division.

Archer provides enterprise governance, risk and compliance (GRC) software solutions and currently holding more than six million licensed users.

It will operate as part of EMC's RSA division. Its president, Art Coviello, seemed keen for the transaction to go ahead.

"Traditional security management focuses primarily on addressing technology issues, but our customers are telling us that their real challenges are in the areas of policy management, audit and compliance," he said in a statement.

"You can't manage what you can't see. The Archer solution not only offers the visibility into risk and compliance that customers need, it brings stronger policy management capabilities to the RSA portfolio."

No financial terms for the deal have been released yet but a statement from EMC confirmed the deal was likely to complete in the first quarter of the year.

Jennifer Scott

Jennifer Scott is a former freelance journalist and currently political reporter for Sky News. She has a varied writing history, having started her career at Dennis Publishing, working in various roles across its business technology titles, including ITPro. Jennifer has specialised in a number of areas over the years and has produced a wealth of content for ITPro, focusing largely on data storage, networking, cloud computing, and telecommunications.

Most recently Jennifer has turned her skills to the political sphere and broadcast journalism, where she has worked for the BBC as a political reporter, before moving to Sky News.