ValiCert Merges With Receipt.com - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

ValiCert Merges With Receipt.com

In a move to strengthen its hand in the market for secure electronic transactions, ValiCert Inc., a provider of digital certificate products and services, today announced plans to merge with Receipt.com, a vendor of E-commerce security products.

The merged company, which will keep the ValiCert name, will combine the validation authority technology of ValiCert and digital-receipt capabilities of Receipt.com. The company will offer clients transaction services such as validation authority, time-stamping, and digital receipts for arrival confirmation.

"Our merger will produce the first and only company to offer secure infrastructure for E-transactions end to end," says Yosi Amram, ValiCert president and CEO.

The target market of the merged company will be business-to-business procurement. Such companies as Citigroup Inc. and Deutsche Bank now use ValiCert's public key infrastructure capabilities. ValiCert hopes the merger will allow it to address non-PKI customers of Receipt.com.

Dave Jevans, president of Receipt.com expects the merger will help expand the business. "A strong synergy exists between the two companies, and the merger will allow for strong cross-selling opportunity among the customer base."

Financial terms of the deal were not disclosed.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Commentary
What Becomes of CFOs During Digital Transformation?
Joao-Pierre S. Ruth, Senior Writer,  2/4/2020
News
Fighting the Coronavirus with Analytics and GIS
Jessica Davis, Senior Editor, Enterprise Apps,  2/3/2020
Slideshows
IT Careers: 10 Job Skills in High Demand This Year
Cynthia Harvey, Freelance Journalist, InformationWeek,  2/3/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll