InfoCert to acquire a 60% stake in CertEurope from Oodrive for $52m.

InfoCert, a digital trust services provider owned by Tinexta, agreed to acquire a 60% stake in CertEurope, a provider of digital certificate services intended to guarantee and secure digital identities, from Oodrive, a provider of cloud-based publishing, for $52m. Through the acquisition, Tinexta will enter the French market, the second largest in the European community, and InfoCert, the largest certification authority in Europe, will be enabled to sell its solutions on the territory.