Waltham’s Aveksa acquired by IT giant EMC

Aveksa
Vick Vaishnavi, chief executive of Aveksa.
Aveksa

Yesterday, EMC Corporation announced its acquisition of Waltham-based Aveksa, rolling the identity and access management company into its RSA security division.

A source with knowledge of the company said that the sale price was in the “hundreds of millions,” a price that was not independently confirmed. The company was privately held with investments from Boston’s Charles River Ventures as well as FTV Capital and FirstMark Capital.

A spokesperson for Aveksa said that, at this time, it plans to remain located in the area.

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