Thales, which has positioned itself as a European leader in cyber security and worldwide leader in data protection, has acquired customer identity platform OneWelcome for €100m.
Headquartered in the Netherlands, OneWelcome provides cloud-based customer identity and access management for highly regulated industries, with the aim of empowering them to securely connect customers as well as business partners to their online services.
According to Thales, OneWelcome’s strong digital identity lifecycle management capabilities will complement its existing Identity services (secure credential enrolment, issuance and management, Know Your Customer), to form a comprehensive identity platform.
Danny de Vreeze CEO of OneWelcome said, “Customer Identity – or CIAM – is a solution tailored for any organisation with a digital presence that need to securely manage external identities and provide intuitive access to their online services.
“We have a state-of-the-art service that is used by European customers to connect and protect millions of users. Our highly motivated team is thrilled to expand our product leadership into new markets using the global reach of Thales.”
Browser-based cybersecurity platform Talon Cyber Security extended its funding to $43m earlier this year.
Copyright © 2022 FinTech Global
Copyright © 2018 RegTech Analyst
