Today, Morpho (Safran) announced that it has finalized the acquisition of Dictao: a software solutions publisher primarily concerned with digital trust and security.
“Dictao is a trusted partner, working with us for many years as a supplier of digital security products for large-scale ID programs,” says Philippe Petitcolin, Chairman and CEO of Morpho. “This acquisition clearly reflects our commitment to covering all aspects of digital identity, allowing us to guarantee more secure and convenient authentication for all online transactions.”
Dictao is based in France. With 100 employees, it offers solutions for strong authentication, secure online transactions and secure archiving, serving public and private customers across the globe.
According to Morpho, this most recent acquisition is reflective of the company’s development strategy. The acquiring company expects that the complementary nature of between Morpho and Dictao will lead to growth potential, specifically in the international markets.
Dictao’s chairman and CEO, Jacques Pantin, also see the acquisition as a major positive.
“By joining Morpho we will amplify the technical excellence and innovative mindset that have driven our success for more than a decade,” says Pantin, “We now have the resources needed to support our international development strategy. The highly complementary nature of our businesses will enable us to offer customers complete, integrated security and authentication solutions, tailored to the needs of the new digital economy.”
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In June, Morpho made the news for its work with the Dutch government. In order to provide greater protection against fraud, the company has been working with the Netherlands in developing next generation secure biometric travel documents and identity cards. The new IDs incorporate the latest in secure document technology features and are valid for ten years.
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August 29. 2014 – by Peter B. Counter
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