VASCO Enters Agreement to Acquire Electronic Signature Leader Silanis

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Go back to VASCO Enters Agreement to Acquire Electronic Signature Leader Silanis

Vasco Data Security (VDSI) to Acquire Silanis Technology in $85M Cash Deal

October 6, 2015 4:06 PM EDT

Vasco Data Security (NASDAQ: VDSI) announced the execution of a definitive agreement to acquire privately held Silanis Technology, Inc. (Silanis), a leading provider of electronic signature (e-signature) and digital transaction solutions used to sign, send and manage documents. Silanis' e-SignLive platform is trusted by some of the largest banks, insurers and government agencies. The acquisition demonstrates VASCO's strong commitment to its vision of delivering new solutions that are in high demand within its financial services customer base, accelerating its transition to a recurring revenue model, strengthening its revenue base in North America, and... More