Vasco Strengthens Authentication With DigiNotar Buy

Vasco Data Security International has revealed that it has acquired trusted services specialist DigiNotar.

The deal was completed for $12.9 million (£8.3 million), and is part of Vasco’s plans to expand the company’s offerings. Founded in 1998, DigiNotar is an official Dutch CA (certification authority) capable of issuing, validating and registering certificates of Dutch nationals and entities that are recognised throughout the European Union and used to authenticate government applications.

For that reason, the buyout gives Vasco a presence in the Dutch e-government market.

Complementary Technology

“DigiNotar is a valuable addition to Vasco’s PKI (public key infrastructure) and digital signature offerings, such as DIGIPASS CertiID and DIGIPASS Key,” Jan Valcke, Vasco’s president and chief operating officer, said in a statement.

“We acquired DigiNotar because of its complementary product suite, its highly professional set of employees and its market,” Valcke added. “With DigiNotar, we are strengthening our services offering and broadening our market reach towards e-government and PKI-based authentication markets. We believe that the DigiNotar acquisition will be instrumental to Vasco’s future growth and success.”

Dutch Focus

DigiNotar provides managed PKI identities for third-party professional services applications and offers its own PKI-secured applications. Focused mainly in the Netherlands, DigiNotar’s offerings can be sold throughout the European Union, Vasco officials said.

The companies already have ties through DigiNotar’s EazyID concept, an initiative to set up a national consumer-authentication platform in the Netherlands. EazyID makes use of Vasco’s DIGIPASS/VACMAN authentication technology.

“Our DIGIPASS as a Service strategy includes the development of a gateway server, allowing us to host our clients’ authentication needs on our own systems,” said Ken Hunt, Vasco’s chairman and CEO. “DigiNotar brings us practical experience in operating a services platform and strengthens our overall services product offering. This acquisition is an example of our determination to make DIGIPASS-as-a-Service a success.”

Brian Prince eWEEK USA 2014. Ziff Davis Enterprise Inc. All Rights Reserved

Recent Posts

Australia Rejects Elon Musk Claim About Social Media Ban For Under-16s

Government minister flatly rejects Elon Musk's “unsurprising” allegation that Australian government seeks control of Internet…

1 hour ago

Northvolt Files For Bankruptcy Protection In US

Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder…

3 hours ago

UK’s CMA Readies Cloud Sector “Behavioural” Remedies – Report

Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector

18 hours ago

Former Policy Boss At X Nick Pickles, Joins Sam Altman Venture

Move to Elon Musk rival. Former senior executive at X joins Sam Altman's venture formerly…

21 hours ago

Bitcoin Rises Above $96,000 Amid Trump Optimism

Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald…

22 hours ago

FTX Co-Founder Gary Wang Spared Prison

Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during…

23 hours ago