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  5. OneSpan Acquires Able N.V.

M&A Deal Summary

OneSpan Acquires Able N.V.

On October 26, 2006, OneSpan acquired software company Able N.V. for 5M EUR

Acquisition Highlights
  • This is OneSpan’s 4th transaction in the Software sector.
  • This is OneSpan’s 6th largest (disclosed) transaction.
  • This is OneSpan’s 1st transaction in Belgium.

M&A Deal Summary
Date 2006-10-26
Target Able N.V.
Sector Software
Buyer(s) OneSpan
Deal Type Add-on Acquisition
Deal Value 5M EUR

Target

Able N.V.

Mechelen, Belgium
Able N.V. is a Unified Threat Management software company with a customer base existing of large corporations and Small and Medium Sized Enterprises (SME's).

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Buyer(S) 1

Buyer

OneSpan

Boston, Massachusetts, United States
Category Company
Founded 1991
Sector Information Technology
Employees571
Revenue 243M USD (2024)
DESCRIPTION

OneSpan is a provider of two-factor authentication and digital signature solutions to financial institutions. OneSpan was founded in 1991 and is based in Chicago, Illinois.

DEAL STATS #
Overall 5 of 13
Sector: Software M&A 4 of 7
Type: Add-on Acquisition M&A Deals 5 of 13
Country: Belgium M&A 1 of 1
Year: 2006 M&A 2 of 2
Size (of disclosed) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-16 LOGiCO Smart Card Solutions

Voesendorf, Austria

LOGiCO Smart Card Solutions GmbH is a authentication storage specialist with extensive experience in smart card based authentication.

Buy €1M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-10 DigiNotar B.V.

Beverwijk, Netherlands

DigiNotar B.V. is an independent, certified, trusted organization that facilitates electronic commerce and communicationsby issuing digital certificates or PKI identities and authenticating persons conducting business over the Internet using those digital certificates.

Buy €10M
Mergr

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