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Synopsis
OneSpan, a publicly traded cybersecurity technology company, completed the acquisition of Nok Nok Labs, a provider of FIDO passwordless software authentication solutions. Financial terms were not disclosed. “This is more than an acquisition — it’s a bold step toward providing customers with maximum choice in authentication. We’re evolving our entire authentication platform to include FIDO standards because we believe passwordless is an important part of the future. With Nok Nok’s world-class technology and FIDO expertise, we now offer the most comprehensive and versatile customer authentication solution on the market,” Victor Limongelli, OneSpan CEO.
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