04 October, 2012
category: Corporate, Digital ID, Financial
Microsoft Corp. announced the acquisition of PhoneFactor Inc., a provider of multifactor authentication solutions. Terms of the deal were not disclosed.
Founded in 2001, PhoneFactor is used by organizations to help secure logins and transactions. By leveraging a device nearly every user already has — a phone — PhoneFactor enables deployment of multifactor authentication across a range of applications.
It already works with many Microsoft products and services, including Outlook Web Access and Internet Information Services, and interoperates with Active Directory.
“The acquisition of PhoneFactor will help Microsoft bring effective and easy-to-use multifactor authentication to our cloud services and on-premises applications,” said Bharat Shah, corporate vice president, Server and Tools Division for Microsoft. “In addition, PhoneFactor’s solutions will help Microsoft customers, partners and developers enhance the security of almost any authentication scenario.”