SafeNet has acquired Cryptocard, a provider of cloud based authentication solutions. Financial terms were not disclosed.
By combining SafeNet’s authentication solutions with Cryptocard’s Blackshield cloud platform, SafeNet’s customers worldwide will now have access to on-premise and as-a-service solutions.
“As data continues to proliferate and move beyond traditional perimeters, both enterprise and government customers are demanding solutions that protect and control data and identities across networks, mobile devices and to and from the cloud,” said Chris Fedde, President and CEO of SafeNet.
“By joining forces and engaging SafeNet’s global scale, we are uniquely positioned to help customers around the world accelerate the migration to and from the cloud in the most secure and cost effective manner,” Fedde added.
Together, the combined company’s product and service offerings will enable customers to tailor, deploy and manage their authentication strategies to meet both current and future business needs.
The addition of Cryptocard’s Auth-as-a-Service capabilities will help customers worldwide accelerate the deployment of authentication solutions, with improved flexibility and at a lower cost. In addition, SafeNet’s large global presence will enable the expansion of Cryptocard’s Auth-as-a-Service portfolio to APAC and across the broader EMEA and Americas markets.