Announced
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Merger
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Private
Private Equity
United States
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Friendly
Completed
De-SPAC
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passkey authentication
Cross Border
Single Bidder
Synopsis
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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