Datacard Completes Acquisition of Entrust
Identification card manufacturer Datacard Group has completed its acquisition of digital identity and information firm Entrust.
The deal was finalized on Dec. 31, according to the companies' joint press release on Jan. 13. Together Entrust and Datacard Group now employ almost 2,000 workers.
Entrust will continue to operate out of its headquarters in Dallas, Texas and a facility in Ottawa, Canada. Datacard Group is based in Shakopee, Minn.
"The official closing of this acquisition moves us significantly toward our goal of delivering powerful technology advancements and new innovations in identity-based security solutions," Datacard Group president and chief executive Todd Wilkinson says in the release. "The timing of this acquisition is perfect for the market as we have seen a heightened awareness around cyber security, and we will continue to accelerate our investments in all areas of the combined business to deliver innovative, world-class technologies that protect physical and digital identities."