Entrust Datacard to Acquire Market-Leading General Purpose Hardware Security Module Business from Thales

Acquisitions

Summary

The acquisition strengthens the Entrust Datacard technology portfolio that secures data and identities across internal, cloud and hybrid networks, and from more frequent and sophisticated cyberattacks. “This acquisition is an excellent complement to our expertise in both cryptography and hardware and will extend our ability to meet the evolving security needs of our customers globally while allowing us to accelerate our own growth,” said Todd Wilkinson, president and CEO of Entrust Datacard. There is a powerful synergy between our solutions and the combination of our organizations will accelerate innovation for our customers as they embark on initiatives such as mobility, cloud and IoT to grow their businesses and simultaneously strive to protect data and manage ever-growing cyber risk,” said Cindy Provin, Chief Executive Officer of nCipher Security. Consumers, citizens and employees increasingly expect anywhere-anytime experiences — whether they are making purchases, crossing borders, accessing e-gov services or logging onto corporate networks. We deliver trust for your business critical applications, ensuring the integrity of your data and putting you in complete control – today, tomorrow, at all times.

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industries
Aerospace
applications
ERP & Process Management

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Linked Companies

nCipher
$50M to $100M