IDnow Acquires identity Trust Management AG

March 3, 2021

IDnow, a Munich-based identity verification platform, has acquired identity Trust Management AG, a German provider of digital and offline identification solutions. The deal expands IDnow's portfolio of verification methods and retains identity Trust Management's Düsseldorf location and employees to strengthen IDnow's offerings across telecommunications, insurance and financial services verticals.

Buyers
IDnow
Targets
identity Trust Management AG
Industry
Cybersecurity
Location
North Rhine-Westphalia, Germany
Transaction Type
Buyout

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