This acquisition is the next step in Utimaco’s strategy to build a comprehensive solutions and services portfolio with strong global delivery capability, following the acquisitions of US-based Geobridge and UK-based MYHSM in 2020.
Aachen and Duesseldorf, Germany, April 29, 2021 – Utimaco, a leading global provider of IT security solutions, announced that it has acquired exceet Secure Solutions GmbH (‘ESS’), a specialist for secure solutions in the fields of IT security and the Internet of Things (IoT). This acquisition is the next step in Utimaco’s strategy to build a comprehensive solutions and services portfolio with strong global delivery capability, following the acquisitions of US-based Geobridge and UK-based MYHSM in 2020.
ESS specializes in securing electronic business processes. In addition to a focus on the fields of IT security and IoT, the portfolio also extends to secure IoT gateways with hardware-based encryption, Public Key Infrastructure (PKI) solutions and products, as well as services for electronic signatures and timestamps, including a full-service trust center operation certified by the German Bundesnetzagentur (Federal Network Agency for Electricity, Gas, Telecommunications, Post and Railway).
ESS’ expertise and portfolio will be highly synergetic with Utimaco’s own offering in PKI, Xas-a-Service, IoT and electronic signature solutions. It will also strengthen Utimaco´s competence in the fast growing field of digital healthcare, as well as extend its professional services customization capabilities.
“The relevance of IT security is growing in an ever more connected and digitized world, as is the complexity of IT infrastructures. We see that our customers are looking for more integrated solutions and services provided by security experts such as Utimaco to help them reduce the complexity and focus on their core business.” said Stefan Auerbach, CEO of Utimaco. “By acquiring exceet Secure Solutions, we are taking yet another important step in shaping Utimaco into the comprehensive Platform of Trust provider our customers rely on to create trust in the digital society.”
“I am convinced that Utimaco will prove a great new home for ESS and its employees benefitting from a unique fit between the two companies which will allow to create immediate value for our customers that would not be achievable for ESS on a standalone basis.” said Hacan Tiwemark, Vice President Professional Services at Utimaco.
“After many years of partnership between the two companies, the team of exceet Secure Solutions is looking forward to an even closer collaboration in the future. Both Utimaco and exceet Secure Solutions have very high standards for the security and quality of their products and solutions. Thus, both companies complement each other in an excellent way and will benefit from each other”, says Christian Schmitz, Managing Director of exceet Secure Solutions. “Together, we will be able to respond even better to the growing demand of customers for high-quality and reliable cybersecurity solutions.”
UTIMACO is a global platform provider of trusted Cybersecurity and Compliance solutions and services with headquarters in Aachen (Germany) and Campbell, CA (USA). UTIMACO develops on-premises and cloud-based hardware security modules and key management solutions as well as compliance solutions for telecommunication providers in the field of regulation. UTIMACO is one of the world's leading manufacturers in both of these market segments.
470+ employees around the globe create innovative solutions and services to protect data, identities and communication networks with responsibility for global customers and citizens. Customers and partners in many different industries value the reliability and long-term investment security of UTIMACO’s high-security products and solutions.
About exceet Secure Solutions
exceet Secure Solutions GmbH was a 100% subsidiary of exceet Group SCA, a listed technology company.
Established as a specialist for securing electronic business processes with the aid of qualified electronic signatures and timestamps, the company today focuses on secure solutions in the fields of IT security and the Internet of Things (IoT). The portfolio also extends to secure IoT gateways with hardware-based encryption, hardware security modules (HSMs), PKI solutions and products, as well as services for electronic signatures and timestamps, including trust center operation. Together, these services form a multi-level security architecture. https://www.exceet-secure-solutions.de/en/