Deal Snapshot
UTIMACO TO ACQUIRE GEOBRIDGE
Wednesday 26 February 2020

Germany based IT security solutions company Utimaco has agreed to acquire US-based Geobridge Corp., a provider of systems integration of compliance services, to enable integrated solutions for key injection at the POS and flexible management of cryptographic keys, especially for the financial industry, the company said.

Terms were not disclosed. The closing of Utimaco's acquisition of Geobridge is expected in 1Q20, subject to the satisfaction of customary closing conditions, including receipt of government approval and necessary third-party consent.


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Details
Date Published: 26/02/2020
Target: Geobridge Corp
Country: USA
Sector: Business and Consumer Services
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Utimaco
Comment:
Terms of the deal were not disclosed

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