Add-on Acquisition • Software

OneSpan Acquires Nok Nok

On June 5, 2025, OneSpan acquired software company Nok Nok

Acquisition Context

This is OneSpan’s 7th transaction in the Software sector.
This is OneSpan’s 2nd transaction in the United States.
This is OneSpan’s 2nd transaction in California.

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M&A Deal Summary
Date	June 5, 2025
Target	Nok Nok
Sector	Software
Buyer(s)	OneSpan
Deal Type	Add-on Acquisition

Target Company

Nok Nok

San Jose, California, United States

Nok Nok is a provider of FIDO passwordless software authentication solutions. Nok Nok is based in San Jose, California.

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Buyer Overview 1

Buyer

OneSpan

Boston, Massachusetts, United States

Category	Company
Founded	1991
Sector	Information Technology
Employees	571
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 Context for Buyer	#
Overall	13 of 13
Sector: Software	7 of 7
Type: Add-on Acquisition	13 of 13
State: California	2 of 2
Country: United States	2 of 2
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2023-01-26	ProvenDB Melbourne, Australia ProvenDB uses Blockchain technology to create a completely trustworthy database. Immutable versions of database state are anchored to the Blockchain, delivering unparalleled data integrity. ProvenDB is based in Melbourne, Australia.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2023-01-26

ProvenDB

Melbourne, Australia

ProvenDB uses Blockchain technology to create a completely trustworthy database. Immutable versions of database state are anchored to the Blockchain, delivering unparalleled data integrity. ProvenDB is based in Melbourne, Australia.

Buy

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