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
The State of IT & Cybersecurity Operations 2020
The State of IT & Cybersecurity Operations 2020
Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!
Commentary
Gartner Forecast Sees 7.3% Shrinkage in IT Spending for 2020
Joao-Pierre S. Ruth, Senior Writer,  7/15/2020
Slideshows
10 Ways AI Is Transforming Enterprise Software
Cynthia Harvey, Freelance Journalist, InformationWeek,  7/13/2020
Commentary
IT Career Paths You May Not Have Considered
Lisa Morgan, Freelance Writer,  6/30/2020
Register for InformationWeek Newsletters
Video
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
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