Datacard Group Finalizes Acquisition of Entrust, Inc.
January 2014 by Marc Jacob
Datacard Group announced that it has successfully purchased Entrust, Inc., a specialize in securing digital identities and information. The closing of the deal was finalized on December 31, 2013, and comes after the passing of regulatory approval procedures.
Entrust is headquartered in Dallas, Texas and also operates a large facility in Ottawa, Canada. They will continue to operate from those facilities and together, with Datacard Group, the two companies will employ nearly 2,000 professionals, and leverage hundreds of channel partners to serve tens of thousands of customers across the globe.
For years, the paths of the two companies have intertwined—often with the same financial and government customers—from different points within the technology spectrum. To date, Datacard Group’s core competencies have been in issuance and personalization and Entrust’s core competencies have been to secure communications and digital identities. By bringing the two companies together they intend to help further unify identification-security technologies, and leverage complementary competencies to strengthen identity and transaction security across digital, physical, mobile and cloud domains.