Utimaco Announces Intent to Acquire Atalla from Micro Focus

12 VIEWS

Acquisition to strengthen investment in the Hardware Security Modules
business and add a market-leading Payment HSM business to the Utimaco
Information Security Portfolio

  • The acquisition will combine two well-known pioneers in the Hardware
    Security Modules (HSMs) business with complementary strengths and
    market positions.
  • Utimaco, as one of the worldwide market leaders in the general purpose
    HSM business, is fully committed to continuing and investing further
    in the Atalla product portfolio. Customers of Atalla will benefit from
    Utimaco´s commitment to certified security, product quality and
    innovation.

CAMPBELL, Calif.–(BUSINESS WIRE)–#AtallaUtimaco,
the global #2 in Hardware Security Modules (HSMs), today announced the
intent to acquire the Atalla HSM and ESKM business lines from Micro
Focus, which were previously owned by Hewlett Packard Enterprise (HPE)
prior to the September 2017 merger of its Software business with Micro
Focus.

Germany-based Utimaco, active in the HSM market for over 35 years, is a
global manufacturer of general purpose HSMs. Utimaco has built its
market leading position focusing on indirect sales through OEM or
channel business partners and selling its SecurityServer product line
into industries as diverse as automotive, government, media &
entertainment, smart metering, semiconductors, telecommunications and
the banking and financial services sectors. Utimaco is traditionally
strong in its German home market based on its longstanding German
banking association certification (DK) and has recently achieved PCI
accreditation for the SecurityServer product line.

With the acquisition of Atalla, one of the most established and iconic
brand names for electronic payment HSMs, Utimaco will be accelerating
its growth trajectory into the Payments market with access to top brand
banking and financial services players, especially in the USA, UK and
Asia. Utimaco is committed to maintaining the Atalla team and investing
further at its California location.

The transaction is pending completion due to required customary
regulatory approvals and is expected to close fall 2018.

Malte Pollmann, Utimaco’s Chief Executive Officer, commented: “The
acquisition of Atalla will mark a key milestone in the further
implementation of our growth strategy. It is complementary in terms of
product portfolio and regional footprint as well as the vertical markets
we are addressing. Both Utimaco and Atalla are pioneers in hardware
security modules, the combination of which leads to an unrivaled wealth
of experience and know-how. We have tremendous respect for Atalla´s
technological achievements in the payments arena and want to remain a
focused specialist in this area, and directly approachable for partners
and customers. This acquisition will be beneficial to customers and
employees, serving continuity as well as product innovation.”

“As two of the leading pioneers in the hardware security modules
business, Atalla and Utimaco are a perfect match, operating in
complementary markets with aligned strengths that will help drive better
alignment for customers and position Atalla for future growth,”
said
John Delk, General Manager of Security for Micro Focus. “We are fully
committed to our Security software portfolio and our mission to secure
users, applications and data. With innovations such as the recent
release of
Voltage
SecureData Sentry
, we are executing on that mission and
demonstrating our ability to meet demanding data security challenges at
scale, while simplifying and improving time to value.”

About Hardware Security Modules (HSMs)

HSMs are special purpose computing devices to protect and manage
cryptographic secrets, such as digital keys and signatures. They stand
at the root of protecting many critical infrastructures.

About Atalla Hardware Security Module

Atalla
Hardware Security Module
(HSM) is a payments hardware security
module for protecting sensitive data and associated keys for non-cash
retail payment transactions, cardholder authentication, and
cryptographic keys.

About Enterprise Secure Key Manager

Enterprise
Secure Key Manager
(ESKM) provides a 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.

About Utimaco

Utimaco is a worldwide supplier of professional cybersecurity solutions
and is based in Aachen, Germany with offices worldwide. Since 1983,
Utimaco has been developing hardware-based, high-security appliances
(Hardware Security Modules) and compliance solutions for
telecommunication provider regulations (lawful interception and data
retention). Today, Utimaco is a world-market leader in both segments.
Customers and partners of Utimaco in all parts of the world trust the
company’s long-term, proven reliability and investment protection, as
well as its many certified IT security standards. Utimaco stands for
recognized product quality, user-friendly software, excellent support
and trusted high security. For further information, please visit www.utimaco.com.

Contacts

Utimaco Inc.
Alexandra Guennewig
Director of Global Marketing
Tel:
+1 (408) 395 6400
E-Mail: hsm@utimaco.com

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