Data Security Firm Blancco to Acquire Inhance Technology for €5.25 million

Data Security Firm Blancco to Acquire Inhance Technology for €5.25 million Image Credit: RaStudio/Bigstockphoto.com

Finnish-based data security vendor Blancco Technology Group announced it has agreed to acquire mobile device diagnostics solution provider, YouGetItBack, trading as Inhance Technology for €5.25 million.

The transaction will enable Blancco to strengthen its existing retail capability and further improve its ability to offer and manage full-service mobile device buyback and trade-in programs, and device insurance policies. This includes giving consumers the ability to establish a trade-in value for their mobile devices and complete a trade in transaction, apply for insurance or make a claim, without having to visit a retail store.

Blancco will also leverage Inhance Technology’s expertise and customer base to carve new market opportunities for the new combined entity. This includes providing customers of both organisations with a unique ability to map the journeys of their customers devices from the retail environment, all the way through backend processing. 

William Fitzgerald, CEO, Inhance Technology
The combined business is in a unique position to offer a very broad range of solutions to the market, and we look forward to the additional growth that this acquisition will bring.

Matt Jones, CEO, Blancco
Inhance Technology enables us to intuitively enhance the user experience for consumers looking to securely realize financial value from their old devices at the point of upgrade. 

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

MCA Acquires Fellow Motorola Partner Crosspoint

NEXT POST

Motorola Solutions Boosts Video Security Solutions Portfolio with Acquisition of WatchGuard

THE EDITOR'S DESK

UPCOMING EVENTS

Artelligence 2019

Network Virtualization and SDN Asia

Network Virtualization & SDN Americas

Mobile 360 Digital Societies 2019

TADSummit 2019

MWC Los Angeles 2019

The Digitrans Forum 2019

 

ON TWITTER

ON FACEBOOK