Datacard Group, a US-based secure ID and card personalisation solutions provider, has completed the acquisition of identity-based security solutions provider, Entrust.
Through this acquisition, both Entrust and Datacard will employ nearly 2,000 professionals, and leverage hundreds of channel partners to serve customers worldwide.
The acquisition aims to further unify identification-security technologies, and leverage complementary competencies to strengthen identity and transaction security across digital, physical, mobile and cloud domains.
Datacard president and CEO, Todd Wilkinson, said: "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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By GlobalData