Is Bharosa Acquisition Bait?

Whether authentication specialist Bharosa is just flirting or looking for a more lasting commitment, speculation is afoot about the startup's future.

"I happen to know that they are for sale, they have hired bankers," said an industry analyst, who asked not to be named. "The whole notion of authentication is heating up, particularly around these financial services breaches."

Bharosa is a bit more coy. "I have no comment about being in play," says CEO Jon Fisher, while admitting that his firm has received acquisition overtures. But he does not want to see the company fall "into the wrong hands."

What does he mean by that?

Get the whole story at Dark Reading.James Rogers, Senior Editor Byte and Switch