Utimaco to acquire Atalla from Micro Focus

KUALA LUMPUR: Utimaco, a Germany-based supplier of Hardware Security Modules (HSMs) – will acquire the Atalla HSM and Enterprise Secure Key Manager (ESKM) business lines from Micro Focus.

Previously, Micro Focus was owned by Hewlett Packard Enterprise (HPE) – prior to the September 2017 merger of its software business with Micro Focus, a statement said.

Under the acquisition, Utimaco will be accelerating its growth trajectory into the payments market with access to top brand banking and financial services players, especially in Asia, USA and UK.

However the transaction is pending completion due to required customary regulatory approvals and is expected to finalise in the fall of 2018.

Utimaco will invest further in the Atalla product portfolio. Customers of Atalla will also benefit from Utimaco´s commitment to certified security, product quality and innovation.

Chief Executive Officer of Utimaco, Malte Pollmann said that the acquisition will mark a key milestone in the further implementation of its 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,” Pollmann added. — Bernama