Keyfactor, a leading provider of digital identity management, which earlier this year closed a round of funding from 77M€has acquired Spain's Redtrust. Digital identity management is driving change in the market, which has left customers juggling digital transformation and the challenges of security that digitisation entails.
Seller: Redtrust
Redtrust is a Spanish company that was founded in 2009 with the aim of creating a 360 platform for the management of digital keys and certificatesThe user and administrator have full control and availability of these.
It provides services to hundreds of companies operating in sectors such as banking, insurance and health, among others. Its patented software secures and centralises the use of digital certificates in a totally simple and transparent way.
Investor: Keyfactor
Meanwhile, Keyfactor is a leading provider of digital identity management and security solutions which allows organisations to confirm authenticity and ensure proper functioning in our connected world.
The acquisitionThe transaction, for which the transaction price has not been disclosed, reinforces Keyfactor's global growth and expansion plans. As a result, they will now have the ability to offer greater value to their customers and cover a wider market.
OTHER ACQUISITIONS IN THE SECTOR
ONETRUST ACQUIRES DATAGUIDANCE
OneTrust, the largest and most widely used privacy management technology platform in the worldhas bought DataGuidanceThe platform for in-depth and up-to-date research on privacy and security regulations.
This acquisition, for which financial details are not available, will give its clients access to practical information on changing legal and compliance frameworks around the world, as well as the tools necessary to monitor compliance with those changes.
HORNETSECURITY BUYS SPAMINA
Spamina is a Spanish company that offers a secure cloud-based communication platformensuring the security of e-mail and other digital communication systems.
Hornetsecurity, German cloud security providerThe company expects to strengthen its strategic position in international markets and to expand its offer to local and international customers.
CISCO ACQUIRES SENTRYO
Cisco is a market leader in several areas such as routing and switching.The company has also acquired a number of other businesses, including unified communications, wireless solutions and security. To strengthen the latter, it has purchased Sentryo, French company offering real-time anomaly detection and threat detection for internet of things networks..