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New Deal


Announced

Completed

Yubico went public via a SPAC merger with ACQ Bure.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Merger

Reverse Takeover

Private

Private Equity

United States

Digital Services

Majority

Friendly

Completed

De-SPAC

Acquisition

passkey authentication

Cross Border

Single Bidder

Synopsis

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Yubico, a creator and core contributor to the FIDO2, WebAuthn, and FIDO Universal 2nd Factor open authentication standards, went public via a SPAC merger with ACQ Bure, a company that operates in the financial industry. Financial terms were not disclosed. "When Jakob and I founded Yubico in Stockholm 16 years ago, our vision was to make secure logins easy and accessible to everyone. Today, we are proud and humbled to have built and established a global gold standard for strong authentication. Today, our technology protects access for the world’s largest enterprises, critical government infrastructures, human rights organizations, and millions of individuals around the world," Stina Ehrensvärd, Yubico Co-founder and Chief Evangelist.

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