▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Digital Trust: InfoCert of Italy to acquire 65% of Ascertia, a reference player in the PKI market based in UK

Italian based Tinexta group, parent company of InfoCert, strengthens its international presence adding a key player in cryptographic solutions and digital signature technologies

Companies

Tinexta, a leading Italian company in Digital Trust, Cybersecurity and Business Innovation services, through its subsidiary InfoCert, the largest Certification Authority in Europe, signed an agreement for the acquisition of 65% of the capital of Ascertia.

Based in London, UK, Ascertia also operates in the United Arab Emirates and Pakistan, and is a reference player in the PKI (Public Key Infrastructure) market, infrastructures required to deploy public key cryptography solutions to protect communications, authentications and the integrity of digital transactions. Ascertia also focuses on digital signature products which comply with the eIDAS Regulation and ETSI standards.

Ascertia’s customers include central banks, government agencies, financial organisations, corporates and large enterprises. The company has also established business relationships with a vast network of major global partners, which represent an important accelerator for penetrating new geographies.

Through this acquisition, Tinexta will achieve several strategic objectives and develop industrial and commercial synergies, such as strengthening its international presence in the UK and Mena (Middle East North Africa) markets; expand InfoCert capabilities and technical skills, thanks to Ascertia deep expertise on PKI, which will allow to consolidate a broader and more innovative market offerings; and finally the possibility of reaching new markets by using the extensive sales network developed by Ascertia and a more technological and jurisdiction-independent offer proposition.


Danilo Cattaneo, CEO of InfoCert

“Tinexta’s international footprint is increasing more and more with the entry into key markets such as the UK and Middle East North Africa. Moreover, Tinexta adds to its perimeter a technological asset of great value that perfectly integrates with InfoCert offering and allows us to consolidate our position as leader in the Digital Trust market and as a key reference player in the global market for digital transactions", said Pier Andrea Chevallard, CEO of Tinexta.

The acquisition of Ascertia opens up significant opportunities, as the Public Key Infrastructure underpins all our core services and, since the company is spread across several countries on an international scale, it represents an accelerating element for a broader diffusion of our product portfolio. Moreover, the solid technological expertise is complemented by a network of leading international customers and partners and by the access to a research and development factory at particularly competitive costs”, added Danilo Cattaneo, CEO of InfoCert.

The closing is expected to take place by the first half of 2023.

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Alibaba Group Announces March Quarter 2025 and Fiscal Year 2025 Results

$BABA #alibaba--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba”, “Alibaba Group” or the “company”)…

U.S. Data Center Construction Market Outlook Report 2025-2030 Featuring…

The "U.S. Data Center Construction Market - Industry Outlook & Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The…

Red Hat Optimizes Red Hat AI to Speed Enterprise AI Deployments Across…

Red Hat, the world's leading provider of open source solutions, today continues to deliver customer choice in enterprise AI with the introduction of Red…

J.D. Power Names Joshua Peirez New CEO

J.D. Power today announced that Joshua Peirez will assume the role of President and CEO of J.D. Power, guiding the company in its next phase of growth…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!