Acquisition Strengthens Equifax’s Position In Identity Management And Authentication

ATLANTA, Oct. 4 /PRNewswire-FirstCall/ — Equifax Inc. (NYSE: EFX) has acquired Anakam®, Inc., a leader in large-scale, software-based, multi-factor authentication solutions and recognized recently by Inc. magazine as one of the fastest-growing private companies in America.  Terms of the transaction, which the companies completed October 1, were not disclosed.   The global identity management market, spurred by increases in online commerce and information sharing, has become a large and growing market.  With the combination of Anakam’s Identity Suite® and Equifax’s eIDverifier service, the company will be able to provide an industry-unique single, integrated platform for two-factor identification as well as no-touch, risk-based identity verification and identity proofing.  

Anakam has focused on industries, including government and healthcare, where traditional solutions have been inadequate in verifying and authenticating large and diverse web users.  The company created a revolutionary authentication platform that is secure, scalable, and easy-to-deploy and use, eliminating the need for hard tokens or the downloading of software.

About Anakam (www.anakam.com)Anakam® is a global leader in multi-factor authentication, identity proofing and verification technologies.  With Anakam organizations can defend against unauthorized access, system breach, data loss and fraud.  Anakam’s flagship product the Anakam Identity Suite® is an affordable and scalable solution which gives organizations the power to configure authentication policy based on level of risk, individual business unit use cases and compliance requirements. The nation’s leading healthcare, government, banking and commercial organizations have chosen Anakam to prove trusted access to their sensitive data.  For more information, please visit http://www.anakam.com.   Source: Equifax Press Release

BIIA Newsletter October II – 2010 Issue