AuthenTec Acquires Proxure to Enhance Security Offerings for Consumers, Small Businesses

AuthenTec AUTH, today announced that it has acquired the assets of Proxure, Inc., a provider of syncing and cloud-based storage services for PCs and mobile devices. AuthenTec has acquired all of the assets of Proxure, including all software products and intellectual property. Proxure's portfolio, which includes its popular KeepVault secure backup service and KeepSync software which synchronizes a user's identity across multiple devices, will become part of AuthenTec's Software and eCommerce portfolio and will also be incorporated into future product offerings. Financial terms of the transaction were not disclosed.