M&A Deal Summary

Utimaco Acquires GEOBRIDGE

On February 24, 2020, Utimaco acquired information technology company GEOBRIDGE

Acquisition Highlights
  • This is Utimaco’s 2nd transaction in the Information Technology sector.
  • This is Utimaco’s 1st transaction in the United States.
  • This is Utimaco’s 1st transaction in Virginia.

M&A Deal Summary

Date 2020-02-24
Target GEOBRIDGE
Sector Information Technology
Buyer(s) Utimaco
Deal Type Add-on Acquisition

Target

GEOBRIDGE

Ashburn, Virginia, United States
GEOBRIDGE Corp. provides systems integration of compliance services, key management program development, payments industry consulting, and cryptographic solution architecture and implementation. GEOBRIDGE was founded in 1997 and is based in Ashburn, Virginia.

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Buyer(S) 1

Buyer

Utimaco

Aachen, Germany

Category Company
Founded 1983
Sector Information Technology
Employees170
DESCRIPTION

Utimaco is a global provider of specialist professional cybersecurity and compliance solutions, offering hardware-based, high-security appliances (hardware security modules) and compliance solutions for telecommunication provider regulations (lawful interception and data retention). Utimaco was founded in 1983 and is headquartered in Aachen, Germany, and has around 170 employees worldwide.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-16 Micro Focus International - Atalla Hardware Security Module & Enterprise Secure Key Manager Business

Newbury, United Kingdom

Atalla Hardware Security Module (HSM) is a payments hardware security module used for protecting sensitive data and associated keys for non-cash retail payment transactions, cardholder authentication and cryptographic keys. Enterprise Secure Key Manager (ESKM) is a provider of centralized key management hardware-based solution for unifying and automating an organization’s encryption key controls by creating, protecting, serving and auditing access to encryption keys for secure, reliable administration.

Buy -