EMC swallows security firm Verid

Software glutton EMC today announced its latest toy as Florida-based security outfit Verid.

Privately-held Verid makes authentication software to run on top of another EMC acquisition: $2.1bn RSA. Financial details of the much smaller Verid deal will be kept under wraps.

EMC describes Verid's contribution with the meaningless label "knowledge-based authentication", which basically involves the user providing the answer to a question, like "What was the name of your first school?"

Verid's CEO Kevin Watson will continue to run the firm as a separate product line within RSA at least until the end of 2007. ®