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  5. AllClear ID Acquires Encap Security

M&A Deal Summary

AllClear ID Acquires Encap Security

On June 27, 2016, AllClear ID acquired information technology company Encap Security

Acquisition Highlights
  • This is AllClear ID’s 1st transaction in the Information Technology sector.
  • This is AllClear ID’s 1st transaction in Norway.

M&A Deal Summary
Date 2016-06-27
Target Encap Security
Sector Information Technology
Buyer(s) AllClear ID
Deal Type Add-on Acquisition

Target

Encap Security

Oslo, Norway
Encap Security is a provider of device based strong authentication and e-signature solutions for the financial services industry. Encap Security smarter authentication platform is integrated into customer’s infrastructure and delivers uncompromising security and user experience across all applications, channels and devices at Internet scale.

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Buyer(S) 1

Buyer

AllClear ID

Austin, Texas, United States
Category Company
Founded 2004
Sector Information Technology
DESCRIPTION

AllClear ID is a provider of data breach response solutions. AllClear ID offers identity protection products to institutions that experience breaches of consumer information. AllClear ID was founded in 2004 and is based in Austin, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2016 M&A 1 of 1
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