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CensorNet Acquires Danish Authentication Vendor SMS Passcode.

M2 EQUITYBITES-February 19, 2016-CensorNet Acquires Danish Authentication Vendor SMS Passcode


19 February 2016 - UK-based cloud security company CensorNet has acquired Danish multi-factor authentication vendor SMS Passcode, the company said.

Terms of the deal were not disclosed.

SMS Passcode, which was founded in 2006, offers a solution that authenticates users through mobile devices.

CensorNet said it will integrate SMS Passcode's adaptive multi-factor authentication technology into its cloud-based Unified Security Solution, which brings together email and web security with Cloud Application Control.

The acquisition means that CensorNet will now boast a truly global footprint, with over 4,000 customers across 40 countries, and will be protecting over 1m users from its offices throughout EMEA and the US.

CensorNet's cloud security solutions also enable organisations to control Shadow IT and safely implement BYOD initiatives. The company is headquartered in Basingstoke, UK.

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Publication:M2 EquityBites (EQB)
Date:Feb 19, 2016
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