Announced
Completed
Financials
Tags
cybersecurity
Security Equipment
data protection
Private
France
Acquisition
Friendly
Single Bidder
Completed
Majority
Synopsis
Entrust Datacard, a provider of identity and secure issuance technology solutions, completed the acquisition of nCipher Security, General Purpose HSM business of Thales, a France-based provider of electrical systems and related services for the aerospace, defense, transportation and security markets. Financial terms were not disclosed. “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. The Thales General Purpose HSM solution, known as nCipher, has a strong market position based on a wide range of use cases, brings with it exceptional talent and offers us the ability to develop even more comprehensive solutions for our clients,” Todd Wilkinson, Entrust Datacard President and CEO.
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