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OneSpan acquires Nok Nok Labs for authentication expansion

Jun 05, 2025•7 months ago

Acquiring Company

OneSpan

Acquired Company

Nok Nok Labs

BostonPalo AltoSecuritySoftwareInformation Technology

Description

OneSpan Inc. has acquired Nok Nok Labs Inc., enhancing its authentication solutions portfolio with FIDO passwordless technology. This acquisition aims to provide customers with innovative and comprehensive authentication options, driving the future of secure digital transactions. The integration of both companies will deliver a unified authentication platform, maximizing flexibility and security for global enterprises.

Company Information

Company

OneSpan

Location

Boston, Massachusetts, United States

About

OneSpan provides secure authentication, identity, electronic signature and digital workflow solutions that protect and facilitate digital transactions and agreements. The Company delivers products and services that automate and secure customer-facing and revenue-generating business processes for use cases ranging from simple transactions to workflows that are complex or require higher levels of security. Trusted by global blue-chip enterprises, including more than 60% of the world’s 100 largest banks, OneSpan processes millions of digital agreements and billions of multi-factor authentication transactions in 100+ countries annually.

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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