Swiss Euronovate acquires 100% of Spanish Víntegris to improve its Digital Trust Solutions and grow its presence in European market
- The Swiss company Euronovate has taken 100% of the Spanish company Víntegrís for its high technological skill, its approval as an accredited certifier of the eIDAS regulation and its wide presence in Spanish market.
- Both companies will unify their product and service portfolio, which will increase the commercialization of the integrated solutions offered by Euronovate/Víntegris throughout Europe.
Barcelona, June 5 2019. The Swiss company Euronovate S.A. has become the 100% shareholder of Víntegris. Víntegris was founded in 2004 by Facundo Rojo and is a manufacturer, consultant and integrator of information security solutions and a qualified provider of trusted electronic services under Regulation (EU) No 910/2014 on electronic identification and trusted services (eIDAS). Víntegris has more than 70 employees.
Founded in 2012, Euronovate is one of Europe’s leaders in Digital Transaction Management and Digital Identification. The company has its headquarters in Maroggia (Switzerland) and subsidiaries in Italy and Romania. Its main customers are large corporation mainly in the financial sector and the health and distribution sectors.
For Alberto Guidotti, President and CEO of Euronovate ” The operation fits perfectly into the Euronovate international growth roadmap, which is aimed at creating a leading provider of Digital Transaction Solutions in Europe. We are happy to join forces with Vintegris and we have already started working together on new projects for our ambitious goals. I am confident that this combination will create significant value for current and new clients of Euronovate and Vintegris.”
The purchase of Víntegris will allow Euronovate to integrate into its electronic signature solutions, Digital Trust Services created by Víntegris that allow companies to use legally binding digital signatures to comply with the eIDAS Regulation, issue and manage qualified digital identities, and finally have a complete robust authentication tool. Solutions enjoyed in Spain by 50% of the top Spanish banking and insurance companies, as well as leading companies from other sectors such as the public, tourism, food, and retail, among others.
Greater international presence
Víntegris will adopt the signature solution of Euronovate, integrating Euronovate’s biometric signature technology and digital identification method into Vintegris solutions. In this way, both companies will unify their product portfolio in a single digital transaction management platform, which will increase the commercialization of Euronovate/Víntegris solutions throughout Europe.
For Facundo Rojo, founder of Víntegris, “Euronovate is the perfect partner for Vintegris. I am confident that the combined company will provide significant value for Vintegris customers and opportunities for Vintegris employees.”
The operation that was closed June 5th 2019 and include an important R&D investment in Vintegris to improve the full platform of digital transaction management, as well as go to market strategy since Euronovate wants to gain in the next few years an important part of the European digital signature and certificate market.