MARKET MOVEMENT
Thales to acquire cybersecurity company OneWelcome
Thales has announced an agreement to acquire OneWelcome , a European vendor in the fast-growing market of Customer Identity and Access Management , for a total consideration of € 100 million .
OneWelcome ’ s strong digital identity lifecycle management capabilities will complement Thales ’ s existing Identity services ( secure credential enrollment , issuance and management , Know Your Customer etc ) in order to offer the most comprehensive identity platform in the market .
Headquartered in the Netherlands , OneWelcome provides cloud-based customer identity and access management for highly regulated industries , empowering them to securely connect customers as well as business partners to their online services . Currently , OneWelcome protects tens of millions of European identities for lighthouse customers like Malakoff Humanis , PostNL and the European Central Bank . Thales plans to leverage this regional expertise to address the global need for enhanced identity and data privacy management .
Danny de Vreeze CEO of OneWelcome , said : “ Customer Identity – or CIAM – is a solution tailored for any organisation with a digital presence that need to securely manage external identities and provide intuitive access to their online services . We have a state-of-the-art service that is used by European customers to connect and protect millions of users . Our highly motivated team is thrilled to expand our product leadership into new markets using the global reach of Thales .”
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Eaton brings acquisition of Tripp Lite to EMEA
Power management company
Eaton is fast developing a new customer base in Europe , Middle East , and Africa ( EMA ) for product lines emanating originally from the highly respected US brand Tripp Lite .
Eaton acquired Tripp Lite in 2021 and the outcome is a vastly expanded product portfolio together with further developed capabilities to support distributed IT and edge applications .
Initially marketed under the ‘ Tripp Lite by Eaton ’ brand , the new products represent a huge opportunity for managed service providers and resellers that will either help them break into the market for power infrastructure , connectivity and peripherals or expand the size and comprehensiveness of their proposals by incorporating Tripp Lite server racks , enclosures , and connectivity accessories . Jean-Marc Emonet , Marketing and Product Line Manager , Distributed Power Quality , Critical Systems Division , EMEA , said : “ Tripp Lite and Eaton have worked with customers for many years to navigate rapidly changing technology landscapes . The evolution continues , with Eaton becoming a single source of power products and accessories for IT channel distributors thanks to its Tripp Lite acquisition . We have noted how the trend for hybrid home and office working has resulted in high demand for videoconferencing systems and new types of meeting rooms that require a lot of connectivity .”
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