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AuthenTec Buys Proxure

AuthenTec, Inc. (AUTH) said Monday that it has acquired the assets of Proxure, Inc., a provider of syncing and cloud-based storage services for PCs and mobile devices.

Financial terms of the deal were not disclosed.

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.

AuthenTec's software and eCommerce offering includes identity management software that helps people better manage their digital identities and online social networking, USB fingerprint readers for one-touch security that can easily be added to a notebook or desktop PC, and PC and mobile applications that enhance security and the user experience.

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