GeoTrust Buys Smart-Card Maker

 
 
By eWEEK.com Staff  |  Posted 2006-01-17 Print this article Print
 
 
 
 
 
 
 

Venture-backed identity management startup GeoTrust snaps up the assets of TrustCenter, a German smart-card maker.

Venture-backed identity management startup GeoTrust has snapped up the assets of TrustCenter, a German smart-card maker.

The deal gives GeoTrust a major foothold in the European market, where TrustCenters smart-card products are used by 3,500 businesses, including SAP, Siemens, Airbus and Halifax Bank of Scotland.

Financial terms of the transaction were not released.

Hodges was one of the last executives remaining from the tenure of former CEO Bill Larson.

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