Entrust Datacard has acquired Trustis, a specialised managed service provider of public key infrastructure (PKI) and crypto management solutions. Entrust Datacard says the acquisition further establishes it as a leader of certificate-based security solutions and allows the company to expand its localised presence in Europe."Trustis has already established itself as a UK leader in cloud cryptographic services and will be a strong complement to our portfolio," says Todd Wilkinson, CEO, Entrust Datacard. "The addition of the Trustis team and managed PKI capabilities bolsters our regional presence, brings additional expertise to a strong team and demonstrates our commitment to leadership during a critical time for the PKI industry."Entrust Datacard says: "As new security challenges arise in the age of Digital Transformation and the Internet of Things (IoT), such as industry regulations like eIDAS (electronic Identification, Authentication and Trust Services), the need to trust increasingly connected systems combined with a growing shortage of cybersecurity skills means this acquisition positions both companies to better serve their customers. Trustis maintains European Telecommunications Standards Institute (ETSI) and tScheme certifications demonstrating their understanding of the unique requirements necessary to operate under the current regulatory landscape in the region."The acquisition of Trustis by Entrust Datacard will benefit the broader PKI market as well as Trustis customers," says Chris Swinbank, managing director of Trustis. "We're excited to be a part of Entrust Datacard's growth storyߪWe look forward to enjoying even greater success as a result of joining Entrust Datacard. The additional investment in our PKI products and services and access to some of the best resources in the field of PKI will expand our success geographically."The acquisition was signed and finalised on 28 November 2017 for an undisclosed amount.
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