Avast acquires SecureKey Technologies, specialist in digital identity


Alexander Boero

March 24, 2022 at 12:10 p.m.

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Avast SecureKey © Avast SecureKey

© Avast / SecureKey

The Czech publisher Avast
announces, Thursday, the upcoming acquisition of a specialist in authentication and digital identity, the Canadian company SecureKey Technologies.

While the takeover of Avast by Norton is slipping, delayed by the British regulator, the first city is about to strengthen its portfolio with the acquisition of SecureKey Technologies. Avast formalized, on March 24, the upcoming acquisition of the Canadian company, which will allow it to expand its offer of identity products and services, in a more global vision of ” digital freedom “.

SecureKey wants to give power back to consumers over the sharing of their sensitive data

SecureKey Technologies, headquartered in Toronto, Eastern Canada, is a well-known digital identity and authentication solutions provider across the Atlantic. The company interests Avast in that it offers innovative privacy protection services, while simplifying access to online services.

SecureKey’s ambition is to ” give control back to consumers which only provide information about their identity with so-called trusted providers, ensuring that the information shared with these providers is only with explicit consent. On paper, the promise is pretty good.

More concretely, SecureKey’s mission is to simplify consumer access to secure online applications and services, such as government, bank or health accounts. By logging in using the digital identifiers and information they already have and trust, they therefore have the guarantee that this information will only be shared, as we said, with their explicit consent.

Avast could leverage SecureKey solutions as early as Q2

For Avast, the idea is, with this takeover, to bring a new layer of confidence to the Internet, evoking for its part a real growing demand from consumers in this area. ” SecureKey is highly complementary to Avast’s previous work in the identity space and together we will take our offering to the next level, accelerating innovation and working to establish a holistic user-centric approach that aligns propositions. users, businesses and governments. We are committed to developing offers that will be fully inclusive for everyone, regardless of their own situation. “Explains the CEO of Avast Ondrej VIcek, at the head of the Czech publisher for almost three years.

Through various agreements previously entered into, SecureKey has a mature distributed digital identity verification network, enabling connection to hundreds of Canadian government online services and applications, citing the figure of 200 million digital identity transactions secured by year in the world.

Subject to approval by the authorities, the agreement to acquire SecureKey Technologies by Avast should be concluded at the beginning of April. SecureKey products could be made available to the Czech company during the second quarter.

On the same subject :
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Source: Press release



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