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

Apple Sales Rise 6 Percent After Early iPhone 16 Demand

Fourth quarter results beat Wall Street expectations, as overall sales rise 6 percent, but EU…

24 hours ago

X’s Community Notes Fails To Stem US Election Misinformation – Report

Hate speech non-profit that defeated Elon Musk's lawsuit, warns X's Community Notes is failing to…

1 day ago

Google Fined More Than World’s GDP By Russia

Good luck. Russia demands Google pay a fine worth more than the world's total GDP,…

1 day ago

Spotify, Paramount Sign Up To Use Google Cloud ARM Chips

Google Cloud signs up Spotify, Paramount Global as early customers of its first ARM-based cloud…

2 days ago

Meta Warns Of Accelerating AI Infrastructure Costs

Facebook parent Meta warns of 'significant acceleration' in expenditures on AI infrastructure as revenue, profits…

2 days ago

AI Helps Boost Microsoft Cloud Revenues By 33 Percent

Microsoft says Azure cloud revenues up 33 percent for September quarter as capital expenditures surge…

2 days ago