Blancco acquires Inhance Technology to strengthen its existing retail capability

Acquisitions

Summary

This includes giving consumers the ability to establish a trade-in value for their mobile devices and complete a trade in transaction, apply for insurance or make a claim, without having to visit a retail store. Blancco will also leverage Inhance Technology’s expertise and customer base to carve new market opportunities for the new combined entity. The combined business is in a unique position to offer a very broad range of solutions to the market, and we look forward to the additional growth that this acquisition will bring.” “Our decision to acquire Inhance Technology underlines our commitment to building the most compelling mobile device diagnostics and data erasure solution for our global customers,” said Matt Jones, CEO, Blancco. “Inhance Technology enables us to intuitively enhance the user experience for consumers looking to securely realise financial value from their old devices at the point of upgrade. “Our ability to enhance our retail capability, to better engage consumers at the front-end of the secondary device ecosystem marries perfectly with our technology and data security leadership in the back-end warehouse environment.

Classifications

industries
Information Technology
applications
Content Management

AskAI Classifications

Labels
Data Security Software Cybersecurity IT Asset Management Software

Linked Companies

Blancco Technology Group
$50M to $100M