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SafeNet Acquires Cryptocard

Leader in Data Protection Meets Cloud Visionary

I am pleased to announce that SafeNet has acquired Cryptocard. Cryptocard is an industry innovator in authentication-as-a-service, bringing organizations the cost reduction, simplicity, and flexibility that can only come from SaaS.  

New business efficiencies, infrastructure scale, and cost savings are being driven by virtualization and cloud services adoption, but this changing paradigm has challenged organizations to make the move to the cloud securely and smoothly, without disruption to their business, and without compromise to the protection of their sensitive data.  

SafeNet’s focus on data-centric data protection and solutions that seamlessly extend trust from the data center to the cloud helps organizations remove the challenges that can often stall cloud deployments. SafeNet has been placed in the Leader’s Quadrant of the Gartner Magic Quadrant for Authentication. We have the broadest and strongest portfolio in the industry, as well as one of the largest global authentication footprints. Cryptocard has been placed in the Visionary’s Quadrant of the Gartner Magic Quadrant for Authentication, and they’re known for their product innovations, including one of the most advanced authentication-as-a-service offerings for both enterprises and service providers. SafeNet’s strength in data protection combined with Cryptocard’s innovative and flexible cloud architecture will now deliver secure, flexible, and cost-effective on-premise and authentication-as-a-service solutions to our customers worldwide.

Together, SafeNet and Cryptocard now offer the most complete solution available for strong authentication and access control, delivered both on premise and from the cloud, enabling organizations to:

  • Increase flexibility and future-proof their strategy with the broadest range of authentication methods, form factors, and delivery models
  • Reduce management time with full automation and seamless integration, including flexible migration from existing authentication solutions
  • Reduce cost and optimize resources with a full range of software options, “zero touch” user self-service, and low “per user, per month” pricing options

This acquisition extends SafeNet’s leadership in authentication, supports our vision for delivering data protection both to and from the cloud, and changes the way organizations can deploy and manage their authentication strategies and platforms today and into the future. The addition of Cryptocard’s authentication-as-a-service capabilities will help customers around the world accelerate deployment of authentication solutions with even greater flexibility and lower cost to the business.

For more information about this news and answers to common questions about the acquisition, visit www.safenet-inc.com. To learn more about Cryptocard’s solutions, visit www.cryptocard.com.

Sincerely,
Chris Fedde
Chief Executive Officer
SafeNet, Inc.

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Cryptocard enables enterprise customers to achieve greater cost reduction, simplicity, and flexibility in their authentication strategies through innovative authentication-as-a-service. Additionally, Cryptocard enables service providers to offer commoditized authentication to their client base to solve their biggest vulnerabilities while increasing sales and service differentiation. With these advanced solutions for the enterprise, as well as for service providers, Cryptocard delivers:

To the Service Provider:

  • Dedicated service provider cloud offering
  • White label service for you to brand, bill, and fully customize
  • Maximize security, automate service delivery, minimize cost
  • Zero up-front investment; only pay for use

To the Enterprise:

  • Two-factor authentication as a cloud service or in-house solution
  • Less than a cup of coffee per user per month
  • Maximize security, automate service delivery, minimize cost
  • Hardware, software, phone, SMS, and grid tokens for complete flexibility

Cryptocard, a SafeNet company, provides the following products and product families:

  • Blackshield Cloud. The world’s first authentication-as-a-service offering, delivering organizations the cost reduction and simplicity benefits of SaaS-style authentication.
  • Blackshield Server. On-premise management platform supporting a wide choice of authentication tokens and tokenless methods, including support for third-party tokens such as RSA.
  • Blackshield Tokens. A broad range of convenient, inexpensive, reliable, non-expiring tokens, including mobile-based software and SMS, and physical tokens, as well as tokenless methods.

Together, SafeNet and Cryptocard now offer the most complete solution available for strong authentication and access control, delivered both on premise and from the cloud. The combination of SafeNet’s leadership in data protection with Cryptocard’s innovative authentication-as-a-service portfolio will change the way organizations around the world deploy and manage their authentication strategies and platforms today and into the future, helping them to accelerate deployment with improved flexibility and lower cost to their business.  

For more information about Cryptocard products and solutions, visit www.cryptocard.com.

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Customer FAQ

1. How does this transaction benefit Cryptocard customers?

a. SafeNet is a leading provider of data protection solutions, with $455m in annual revenue and approximately 25,000 customers around the world. Cryptocard’s customers will benefit from the stability of SafeNet’s 25-year history, and access to the broadest and strongest portfolio of authentication and data protection solutions, designed to provide persistent protection for the world’s most sensitive data throughout the information lifecycle, from the data center to the cloud.

2. How does this transaction benefit SafeNet’ customers?

a. Through this acquisition, SafeNet now offers the most complete solution available for strong authentication and access control, delivered both on premise and from the cloud. The combination of SafeNet’s leadership in data protection with Cryptocard’s innovative authentication-as–a-service portfolio will change the way customers around the world deploy and manage their authentication strategies and platforms today and into the future, helping them to accelerate deployment with improved flexibility and lower cost to their business.

3. What technology does Cryptocard provide?

a. Cryptocard enables enterprise customers to achieve greater cost reduction, simplicity, and flexibility in their authentication strategies through innovative authentication-as-a-service. Additionally, Cryptocard enables service providers to offer commoditized authentication to their client base to solve their biggest vulnerabilities while increasing sales and service differentiation.

4. Doesn’t SafeNet offer similar cloud and authentication technologies?

a. The SafeNet and Cryptocard portfolios are complimentary. Cryptocard’s authentication-as–a-service compliments SafeNet’s existing on-premise authentication portfolio, delivering both secure access to cloud applications, as well as authentication-as-a-service to customers from the cloud.

5. I’m a Cryptocard customer today, what should I expect?

a. Until further notice, Cryptocard customers will continue to purchase the same Cryptocard products through the same channels as they do today. The Cryptocard sales team will continue to support customers and partners in the same manner with which they are familiar, until further notice.

6. With the acquisition, how will the level of my customer service change?

a. Cryptocard customers will experience no changes to the support and service delivered through Cryptocard. Cryptocard customers will continue to access Cryptocard technical support in the same manner with which they are familiar, by those who know their products best, until further notice.

7. I’m a SafeNet customer today and am interested in Cryptocard’s technology. Who should I contact?

a. SafeNet customers can contact their current sales and support representatives to find out more about Cryptocard’s products and services. Customers will be notified with any changes to their sales and support teams.

8. I’m a Cryptocard customer today and am interested in SafeNet’s authentication products. Who should I contact?

a. Cryptocard customers can contact their current sales and support representatives to find out more about SafeNet’s products and services. Customers will be notified with any changes to their sales and support teams.

9. Will Cryptocard products be integrated into SafeNet’s portfolio? How will this transaction change the SafeNet and Cryptocard product portfolios?

a. There will be no immediate changes to either the SafeNet or Cryptocard product portfolios. In the next several months, our product development and management teams will complete the integration of Cryptocard into SafeNet, resulting in the go-forward portfolio and business model.

10. When does SafeNet plan to sell Cryptocard products under the SafeNet brand name?

a. We plan to fully integrate Cryptocard into the SafeNet product portfolio. Following the integration, both SafeNet and Cryptocard products will be branded under the SafeNet name. In the next several months, you’ll be hearing more about any changes to naming or branding of the combined portfolio.

11. How will this acquisition benefit SafeNet and Cryptocard channel partners?

a. Together, SafeNet and Cryptocard now offer the most complete solution available for strong authentication and access control, delivered both on premise and from the cloud. This combination creates additional growth opportunities for our channel partners by delivering the broadest range of authentication methods, form factors, and delivery models, including the option of fully managed authentication-as–a-service. In the future, SafeNet’s partners and distributors will have the option to establish custom service delivery models, enabling them to expand and diversify their business, as well as their competitive advantage. Cryptocard’s partners will be given access to SafeNet’s full portfolio of data protection solutions, as well as the benefit of becoming part of SafeNet’s competitive and award-winning (CRN 5-Star) Channel Partner Program.

12. If I’m a SafeNet channel partner, when will I be able to sell Cryptocard products? Where can I get more information and product training?

a. Cryptocard and SafeNet channel partners can contact their current channel account managers to find out more about SafeNet and/or Cryptocard products and services, and to arrange training. Partners will be notified with any changes to their account teams. Both SafeNet and Cryptocard channel partners should expect a full portfolio rollout and formal training programs in the next several months.

13. Will Cryptocard partners be expected to sign up to SafeNet channel program?

a. There will be no immediate changes to either the SafeNet or Cryptocard partner programs. In the next several months, product and sales management teams will be integrating Cryptocard into SafeNet, resulting in the go-forward portfolio and business model, at which time partner programs will be evaluated with the goal to provide both SafeNet and Cryptocard partners with the most competitive, profitable, and value-driven partner program.

view Getting Support

Cryptocard customers will continue to access Cryptocard technical support in the same manner with which they are familiar, until further notice. Cryptocard technical support will continue to provide assistance to the client’s designated contacts.

Visit www.cryptocard.com for product support.

view A Message from SafeNet CEO, Chris Fedde
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