Utimaco Cleared to Complete Acquisition of Atalla

Utimaco, the second largest global provider of Hardware Security Modules (HSMs) today announced it has received United States regulatory approval to complete its acquisition of the Atalla Hardware Security Module (HSM) and Enterprise Secure Key Manager (ESKM) product lines of Micro Focus International plc. The transaction is due to close on November 5, 2018.

“This is a significant milestone, and we look forward to bringing the Atalla team under the information security umbrella of Utimaco. After several changes of ownership, we are happy to offer Atalla a long-term home in our HSM and information security business,” said Utimaco CEO, Malte Pollmann.

“The traditional separation between ‘payment HSM’ and ‘general purpose HSM’ will eventually cease to exist, which is why our goal is to focus on innovation and invest in building one common platform for payment and general purpose HSM customers. In a market driven by dependency on suppliers, we are the company acting in the best interest of customers – with a clear understanding of how architectures need to come together, providing the product in all required form factors: PCI, LAN and Cloud,” added Pollmann.

Digital transformation fueled by mobile, cloud, blockchain and new regulations is disrupting even the most established business models. As a result, financial institutions and service providers of all sizes need out-of-the-box, proven and reliable technology to seamlessly interface with current payment infrastructures, while still enabling them to easily drive and adapt to the next generation of innovative services.

Utimaco is dedicated to making significant investments in functionality and long-term sustainability, as well as cloud, reseller channels and customer care.

With the acquisition of Atalla – one of the most established brands for electronic payment HSMs – Utimaco not only gains considerable momentum in the payments market, but it also greatly complements its existing PaymentServer line, which achieved PCI PTS HSM V2 accreditation in October 2017, allowing customers to meet PCI Data Security Standard (PCI DSS), PCI Point-to-Point Encryption (PCI P2PE), or even PCI HSM compliance as a delta certification with custom code running on the HSM.