AuthenTec (AUTH) Pops On Samsung Deal
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AuthenTec, Inc. (Nasdaq: AUTH) is jumping higher after announcing that Samsung has chosen its QuickSec VPN security for use in new Android smartphone and tablet models.
AuthenTec's QuickSec Mobile VPN Client for Android enhances secure communication through an Internet Protocol Security (IPsec) based VPN client which is integrated in Samsung smartphones and tablets. The integration of AuthenTec’s VPN client means that Samsung Galaxy users now have built-in security and can more easily and safely connect to enterprise networks to access resources without sacrificing mobility.
Shares of AUTH last traded at $5.20, up 13.5 percent.
AuthenTec's QuickSec Mobile VPN Client for Android enhances secure communication through an Internet Protocol Security (IPsec) based VPN client which is integrated in Samsung smartphones and tablets. The integration of AuthenTec’s VPN client means that Samsung Galaxy users now have built-in security and can more easily and safely connect to enterprise networks to access resources without sacrificing mobility.
Shares of AUTH last traded at $5.20, up 13.5 percent.
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