SUNNYVALE, CA – November 6, 2018 – Micro Focus (LSE: MCRO; NYSE: MFGP) today announced it has completed the divestiture of its Atalla Hardware Security Module (HSM) and Enterprise Secure Key Manager (ESKM) product lines to Utimaco under the terms of the transaction disclosed on 18 May 2018.
Germany-based Utimaco, with U.S. headquarters in Campbell, CA, has been active in the HSM market for over 20 years as a global manufacturer of general purpose HSMs. With the acquisition of Atalla for electronic payment HSMs, Utimaco is set to accelerate its growth trajectory into the Payments market and further invest in the Atalla portfolio to deliver continued innovation to customers.
This announcement follows a pre-announcement from Utimaco on the closing that was issued on 16 October, 2018.
About Atalla Hardware Security Module
Atalla Hardware Security Module (HSM) is a payments hardware security module for protecting sensitive data and associated keys for non-cash retail payment transactions, cardholder authentication, and cryptographic keys.
About Enterprise Secure Key Manager
Enterprise Secure Key Manager (ESKM) provides a centralized key management hardware-based solution for unifying and automating an organization’s encryption key controls by creating, protecting, serving, and auditing access to encryption keys for secure, reliable administration.
About Micro Focus
Micro Focus is a leading global enterprise software company uniquely positioned to help customers extend existing investments while embracing new technologies in a world of Hybrid IT. Providing customers with a world-class portfolio of enterprise-grade scalable solutions with analytics built-in, Micro Focus delivers customer-centered innovation across Hybrid IT Management, Enterprise DevOps, Security & Data Management, and Predictive Analytics. For more information visit www.microfocus.com.
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