Entrust


Entrust Inc. was a $130 million privately-owned software company with 350 employees. Originally a spin-off from Nortel's Secure Networks division, it provides identity management security software and services in the areas of public key infrastructure, multifactor authentication, Secure Socket Layer certificates, fraud detection, digital certificates and mobile authentication. Prior to being acquired by Datacard, Entrust was headquartered in the Dallas-Fort Worth Metroplex. It also had offices in Ottawa, London, Tokyo, Washington, D.C. and other cities internationally. Entrust originally entered the public SSL market by chaining to the Thawte Root in 1999 creaiting Entrust.net
Entrust reports having customers at public and private organizations in 60 countries, with 125 patents either granted or pending in the areas of authentication, physical/logical access, certificates, e-content delivery and citizen identities.
Previously, Entrust was publicly traded company, in July 2009 the company was acquired by Thoma Bravo, a U.S.-based private equity firm, for $124 million.
In December 2013, Datacard Group announced the acquisition of Entrust Inc. and subsequently rebranded as Entrust Datacard

History

finalized the acquisition of Entrust in December 2013 from private equity firm Thoma Bravo. Chertoff Capital, a wholly owned subsidiary of The Chertoff Group, and Centerview Partners acted as financial advisors to Entrust.
In September 2008, Entrust participated in the ePassports EAC Conformity & Interoperability Tests in Prague, Czech Republic. Facilitated by a consortium of the European Commission, Brussels Interoperability Group and the European Commission Joint Research Centre, the Prague tests allowed European countries to verify conformance of their second-generation ePassports containing fingerprint biometric data protected by Extended Access Control functions, commonly referred to as EAC. Additional testing included verification of crossover interoperability between EAC inspection systems and ePassports from different countries.
Prior to it becoming a private-equity company Entrust was included on the Russell 3000 Index in July 2008. In July 2007, Entrust contributed PKI technology to the open-source community through Sun Microsystems, Inc. and the Mozilla Foundation. Specifically, Entrust supplied certificate revocation list distribution points, Patent 5,699,431, to Sun under a royalty-free license for incorporation of that capability into the Mozilla open-source libraries.
In July 2006, Entrust acquired Business Signatures Corporation, a supplier of non-invasive fraud detection solutions, for $50 million. From a GAAP accounting perspective, the total purchase price was approximately $55.0 million, including assumed stock options, transaction expenses and net asset value. Business Signatures was founded in 2001 in Redwood City, California by former executives from Oracle, HP and Cisco. It originally was funded by the Texas Pacific Group, Walden International, Ram Shriram of Google and Dave Roux of Silver Lake Partners. The company had about 40 employees before the acquisition.
Entrust acquired Orion Security Solutions, a supplier of public key infrastructure services, in June 2006. In mid-2004, Entrust acquired AmikaNow! Corporation's content scanning, analysis and compliance technology. The technology is designed to automatically analyze and categorize email message and document content based on the contextual meaning, rather than pre-defined word lists. Policies can be customized to suit the corporate environment and be automatically enforced at the boundary, and are aimed at compliance with privacy and securities laws including HIPAA, Gramm-Leach-Bliley Act, Personal Information Protection and Electronic Documents Act and various U.S. Securities and Exchange Commission regulations.
In April 2002, Entrust's PKI technology served as the foundation for the prototype of what is now the United States Federal Bridge Certification Authority. The Federal Bridge certificate authority is a fundamental element of the trust infrastructure that provides the basis for intergovernmental and cross-governmental secure communications. Entrust's PKI is interoperable with all major FBCA vendors.
In May 2000 Entrust acquired enCommerce, a provider of authentication and authorization technologies. In 1994, Entrust built and sold the first commercially available PKI.
In 2005, Entrust established partnership with Indusface, an Indian cloud-based application security company for SSL.

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