M&A Deal Summary

OneSpan Acquires Silanis Technology

On October 6, 2015, OneSpan acquired internet software and services company Silanis Technology for 85M USD

Acquisition Highlights
  • This is OneSpan’s 2nd transaction in the Internet Software and Services sector.
  • This is OneSpan’s largest (disclosed) transaction.
  • This is OneSpan’s 1st transaction in Canada.
  • This is OneSpan’s 1st transaction in Quebec.

M&A Deal Summary

Date 2015-10-06
Target Silanis Technology
Sector Internet Software and Services
Buyer(s) OneSpan
Deal Type Add-on Acquisition
Deal Value 85M USD
Advisor(s) Arma Partners LLP (Financial)

Target

Silanis Technology

Montreal, Quebec, Canada
Silanis Technology, Inc. is a provider of electronic signature (e-signature) and digital transaction solutions used to sign, send and manage documents.

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Buyer(S) 1

Buyer

OneSpan

Boston, Massachusetts, United States

Category Company
Founded 1991
Sector Information Technology
Employees870
Revenue 235M USD (2023)
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 10 of 12
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 10 of 12
State (Quebec) 1 of 2
Country (Canada) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-27 Risk IDS

United Kingdom

Risk IDS Ltd. develops software security solutions that help financial institutions manage risk in a variety of ePayment channels. Risk IDS focusses on risk-based authentication in eBanking while also having a strong presence in card fraud prevention, eCommerce fraud prevention, acquiring credit risk monitoring and anti-money laundering. Risk IDS has built an impressive client base with banks and payment institutions throughout the world in using their software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-30 Dealflo

Montreal, Quebec, Canada

Dealflo Ltd. is a provider of identity verification and end-to-end financial agreement automation solutions. Dealflo Ltd. was established in 2009 and is based in Montreal, Quebec.

Buy £41M