France’s IN Groupe (formerly Imprimerie Nationale), a specialist in identity and secure digital services, entered into a share purchase agreement, as of February 2020, to acquire Nexus, vendor of trusted digital identities for people and things. The completion of the transaction is subject to customary closing conditions and is expected to close in the course of the first quarter of 2020.
Nexus provides secure solutions to issue, manage and make use of trusted identities for both people and things. The company specialises in software to manage the lifecycle of both physical and digital identities for both people and objects. These solutions include a powerful Public Key Infrastructure (PKI platform), Card Management System (CMS), mobile and desktop-based identity apps (middleware) and a digital access gateway.
The integration of these new digital identity solutions will enable the group to provide clients in France, Europe and globally a consolidated portfolio of differentiated offers, it says. IN Groupe says it continues its transformation as a European-based, global identity leader dedicated to the transition from physical to digital identity.
The acquisition of Nexus represents a new stage in consolidating IN Groupe's technological capabilities after the acquisition of SURYS in December 2019. It moves it into the field of IoT and the identification of objects on the internet – such as connected cars. It will also introduce new opportunities with respect to an international complementary customer portfolio.
