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OneSpan acquires Build38 to enhance security solutions

PUBLIC · OSPNAug 12, 2026about 4 hours ago

Acquiring Company

OneSpan

Acquired Company

Build38

BostonChinaInformation TechnologySoftwareSecurity

Description

OneSpan Inc. has successfully acquired Build38, strengthening its portfolio in mobile application security. This acquisition aligns with OneSpan's strategy to enhance its existing cybersecurity offerings. CEO Limongelli highlighted that the launch of DigipassONE integrates innovations from both Nok Nok Labs and Build38. The move aims to boost subscription growth by cross-selling new capabilities into their global banking customer base.

Company Information

Company

OneSpan

Location

Boston, Massachusetts, United States

About

OneSpan helps organizations accelerate digital transformations by enabling secure, compliant, and refreshingly easy customer agreements and transaction experiences. Organizations requiring high assurance security, including the integrity of end-users and the fidelity of transaction records behind every agreement, choose OneSpan to simplify and secure business processes with their partners and customers. Trusted by global blue-chip enterprises, including more than 60% of the world’s largest 100 banks, OneSpan processes millions of digital agreements and billions of transactions in 100+ countries annually. For more information, go to www.onespan.com. You can also follow @OneSpan on Twitter or visit us on LinkedIn and Facebook.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Build38?

Build38 was acquired by OneSpan, based in Boston. The deal was reported on August 12, 2026. OneSpan helps organizations accelerate digital transformations by enabling secure, compliant, and refreshingly easy customer agreements and transaction experiences. OneSpan is publicly traded (OSPN) and operates in Information Technology.

When did OneSpan acquire Build38?

OneSpan's acquisition of Build38 was reported on August 12, 2026. OneSpan Inc. has successfully acquired Build38, strengthening its portfolio in mobile application security. This acquisition aligns with OneSpan's strategy to enhance its existing cybersecurity offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Build38 do?

It is privately held, and is based in China.

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