Utimaco, a leading global provider of IT security solutions, announced that it has signed a Share Purchase Agreement with Realsec, the Spanish IT security company and Hardware Security Module (HSM) provider. The closing of the acquisition is expected in July.
Realsec is highly regarded by its customers for the competence in HSM and specializes in the development of encryption, digital signature, PKI and cybersecurity for blockchain & IoT solutions. As part of the Utimaco group, Realsec will add its experience in the fields of cryptography, compliance, and regulations as well as key management and HSM. With its headquarters in Madrid, Spain, and strong regional presence in Latin America, Realsec will complement Utimaco’s global presence especially in the Spanish-speaking world. Customers of both companies worldwide will benefit from a broad solution portfolio that meets the highest quality and certification standards in IT security.
“Both companies have known each other for a long time, and we have been impressed not only by the deep expertise and engagement of the Realsec team, but also the strong commitment to care for its high-profile customers. Utimaco is pleased to expand significantly the presence in the Spanish-speaking markets with this step.” said Stefan Auerbach, CEO at Utimaco.
“We all at Realsec are pleased to become part of the Utimaco group, one of the main actors in the cyber security space. We will for sure build a strong and robust alliance based on the strong expertise of both companies. Our mutual knowledge and cultural proximity within the cyber security industry, as well as our quality and customer-oriented business strategy affinity, foresee a magnificent joint future that will benefit our customers”, said Jesus Rodriguez, CEO at Realsec.
Utimaco is a global platform provider of trusted Cybersecurity and Compliance solutions and services with headquarters in Aachen (Germany) and Campbell, CA (USA). Utimaco develops on-premises and cloud-based hardware security modules and key management solutions as well as compliance solutions for telecommunication providers in the field of regulation. Utimaco is one of the world's leading manufacturers in both of these market segments.
400+ employees around the globe create innovative solutions and services to protect data, identities and communication networks with responsibility for global customers clients and citizens. Customers and partners in many different industries value the reliability and long-term investment security of Utimaco’s high-security products and solutions.
Realsec is a computer security company with an international presence specialized in the development of encryption, digital signature, PKI and cybersecurity for Blockchain & IoT solutions, for which it uses its own HSM (Hardware Security Module). All these cybersecurity solutions are designed to protect information in the Banking, Fintech and Payment Methods sectors, as well as for Government, Defense and the Business Sector.
Currently, Realsec has a presence in the five continents, developing the bulk of its business in the foreign market. In addition, the most important banks worldwide are clients of Realsec. Its headquarters and R+D+i center are located in Madrid (Spain). In addition, it has subsidiary offices in the US, Mexico and Singapore, as well as an extensive network of more than 100 partners, distributed in Europe, Latin America, Africa and Asia-Pacific.