HID Global recently announced that it has acquired HydrantID, a provider of public key infrastructure (PKI) as-a-service solutions to wide range of vertical markets, including enterprises, government agencies, financial institutions, and others.
To date, HydrantID has issued over three million PKI credentials and secured over 125,000 domains. In a statement, HID said the acquisition will serve as a “perfect complement” to the company’s IdenTrust business, a leading digital certification authority.
“We are evolving HID’s Identity and Access Management business to provide one-stop solutions for PKI services across the enterprise,” said Stefan Widing, President and CEO with HID Global. “With the acquisition of HydrantID, we are now able to offer enterprise customers a broader range of options, plus the flexibility and scalability of PKI-as-a-service to improve information security.”
Based in Salt Lake City, HydrantID provides certificate authority services that secure IoT systems, enterprise networks, publicly trusted SSL website certificates and client certificates for ecommerce. Utilizing hybrid-cloud trust architecture, the company’s HydrantID’s solution helps end users reduce operating complexities while extending the use of certificate-based authentication and encryption across their organization.
A key benefit of HydrantID is its ability to automate certificate lifecycle events and distribution using industry-standard protocols and “out-of-the-box” integration with common enterprise network software and platforms. The combination of HydrantID and HID IdenTrust certificate authority services will strengthen HID’s Identity and Access Management solution portfolio to solve customer’s digital security challenges. The joint solution portfolio will allow customers to deploy scalable certificate-based authentication and encryption for protection of complex enterprise data and IoT devices.
HydrantID will join HID IdenTrust, under HID’s Identity and Access Management business led by Brad Jarvis, Vice President and Managing Director.
