Onespan To Acquire Blockchain Technology Provider Provendb To Bring Secure Vaulting To The Future Of Digital Transactions
Acquiring Company
OneSpan
Acquired Company
ProvenDB
BostonInformation TechnologySoftwareSecurityInformation TechnologyBlockchainCryptocurrencyDescription
OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced that it has agreed to acquire ProvenDB, an Australia-based startup that delivers secure storage and vaulting for documents based on blockchain technology, to provide an industry-leading trust model for high assurance contracts and documents. ProvenDB will extend the capabilities of OneSpan’s Transaction Cloud Platform to both public and private blockchains and serve as a modern technological foundation for high assurance business processes for Web3.
Quick answer
OneSpan is acquiring ProvenDB, announced January 26, 2023. OneSpan is based in Boston, Massachusetts, United States.
- How much did OneSpan pay for ProvenDB?
- The deal value was not disclosed.
- What does OneSpan do?
- OneSpan helps organizations accelerate digital transformations by enabling secure, compliant, and refreshingly easy customer agreements and transaction experiences.
- Where are OneSpan and ProvenDB based?
- OneSpan is based in Boston, Massachusetts, United States.
- Who are the decision-makers at OneSpan?
- Fundz holds 1 contact at OneSpan. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at OneSpan, and when
When OneSpan changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day OneSpan raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at OneSpan, from your own LinkedIn network
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Frequently asked
Who acquired ProvenDB?
ProvenDB was acquired by OneSpan, based in Boston. The deal was reported on January 26, 2023. 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 ProvenDB?
OneSpan's acquisition of ProvenDB was reported on January 26, 2023. OneSpan Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ProvenDB do?
ProvenDB uses Blockchain technology to create a completely trustworthy database. Immutable versions of database state are anchored to the Blockchain, delivering unparalleled data integrity. It is privately held, operating in Information Technology.
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