Datacard finalises Entrust acquisition

14/01/14

Datacard Group says it has successfully purchased Entrust. The closing of the deal was finalised on 31 December 2013, and comes after the passing of regulatory approval procedures.

Entrust is headquartered in Dallas, Texas and also operates a large facility in Ottawa, Canada. It will continue to operate from those facilities and together, with Datacard Group, the two companies will employ nearly 2,000 professionals, and leverage 100s of channel partners to serve 10s of thousands of customers across the globe.

According to Datacard, for years, the paths of the two companies have intertwined – often with the same financial and government customers – from different points within the technology spectrum. To date, Datacard Group’s core competencies have been in issuance and personalisation and Entrust’s core competencies have been to secure communications and digital identities. By bringing the two companies together they intend to help further unify identification-security technologies, and leverage complementary competencies to strengthen identity and transaction security across digital, physical, mobile and cloud domains.

“We are thrilled to officially welcome the customers, partners and colleagues of Entrust to be part of Datacard Group,” says Todd Wilkinson, president and CEO of Datacard Group. “The official closing of this acquisition moves us significantly toward our goal of delivering powerful technology advancements and new innovations in identity-based security solutions. The timing of this acquisition is perfect for the market as we have seen a heightened awareness around cyber security, and we will continue to accelerate our investments in all areas of the combined business to deliver innovative, world-class technologies that protect physical and digital identities.”

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