Acquisition to strengthen investment in
the Hardware Security Modules business and add a market-leading Payment
HSM business to the Utimaco Information Security Portfolio
- The acquisition will combine two well-known pioneers in the Hardware Security Modules (HSMs) business with complementary strengths and market positions.
- Utimaco, as one of the worldwide market leaders in the general purpose HSM business, is fully committed to continuing and investing further in the Atalla product portfolio. Customers of Atalla will benefit from Utimaco´s commitment to certified security, product quality and innovation.
(BUSINESS WIRE) -- Utimaco, the
global #2 in Hardware Security Modules (HSMs), today announced the
intent to acquire the Atalla HSM and ESKM business lines from Micro
Focus, which were previously owned by Hewlett Packard Enterprise (HPE)
prior to the September 2017 merger of its Software business with Micro
Focus.
Germany-based
Utimaco, active in the HSM market for over 35 years, is a global
manufacturer of general purpose HSMs. Utimaco has built its market
leading position focusing on indirect sales through OEM or channel
business partners and selling its SecurityServer product line into
industries as diverse as automotive, government, media &
entertainment, smart metering, semiconductors, telecommunications and
the banking and financial services sectors. Utimaco is traditionally
strong in its German home market based on its longstanding German
banking association certification (DK) and has recently achieved PCI
accreditation for the SecurityServer product line.
With
the acquisition of Atalla, one of the most established and iconic brand
names for electronic payment HSMs, Utimaco will be accelerating its
growth trajectory into the Payments market with access to top brand
banking and financial services players, especially in the USA, UK and
Asia. Utimaco is committed to maintaining the Atalla team and investing
further at its California location.
The transaction is pending completion due to required customary regulatory approvals and is expected to close fall 2018.
Malte Pollmann, Utimaco’s Chief Executive Officer, commented: “The
acquisition of Atalla will mark a key milestone in the further
implementation of our growth strategy. It is complementary in terms of
product portfolio and regional footprint as well as the vertical markets
we are addressing. Both Utimaco and Atalla are pioneers in hardware
security modules, the combination of which leads to an unrivaled wealth
of experience and know-how. We have tremendous respect for Atalla´s
technological achievements in the payments arena and want to remain a
focused specialist in this area, and directly approachable for partners
and customers. This acquisition will be beneficial to customers and
employees, serving continuity as well as product innovation.”
“As
two of the leading pioneers in the hardware security modules business,
Atalla and Utimaco are a perfect match, operating in complementary
markets with aligned strengths that will help drive better alignment for
customers and position Atalla for future growth,” said John Delk, General Manager of Security for Micro Focus. “We
are fully committed to our Security software portfolio and our mission
to secure users, applications and data. With innovations such as the
recent release of Voltage SecureData Sentry, we
are executing on that mission and demonstrating our ability to meet
demanding data security challenges at scale, while simplifying and
improving time to value.”
About Hardware Security Modules (HSMs)
HSMs
are special purpose computing devices to protect and manage
cryptographic secrets, such as digital keys and signatures. They stand
at the root of protecting many critical infrastructures.
About Atalla Hardware Security Module
Atalla Hardware Security Module (HSM)
is a payments hardware security module for protecting sensitive data
and associated keys for non-cash retail payment transactions, cardholder
authentication, and cryptographic keys.
About Enterprise Secure Key Manager
Enterprise Secure Key Manager (ESKM)
provides a centralized key management hardware-based solution for
unifying and automating an organization’s encryption key controls by
creating, protecting, serving, and auditing access to encryption keys
for secure, reliable administration.
About Utimaco
Utimaco
is a worldwide supplier of professional cybersecurity solutions and is
based in Aachen, Germany with offices worldwide. Since 1983, Utimaco has
been developing hardware-based, high-security appliances (Hardware
Security Modules) and compliance solutions for telecommunication
provider regulations (lawful interception and data retention). Today,
Utimaco is a world-market leader in both segments. Customers and
partners of Utimaco in all parts of the world trust the company’s
long-term, proven reliability and investment protection, as well as its
many certified IT security standards. Utimaco stands for recognized
product quality, user-friendly software, excellent support and trusted
high security. For further information, please visit www.utimaco.com.
Contacts
Utimaco Inc.Alexandra Guennewig
Director of Global Marketing
Tel: +1 (408) 395 6400
E-Mail: hsm@utimaco.com
No comments:
Post a Comment