Utimaco, a leading global provider of IT security solutions, acquired conpal GmbH, a provider of IT security solutions for the protection of confidential data through encryption and authentication, on March 31, 2023.
Utimaco was already selling conpal products before the acquisition, and with the integration that has now taken place, Utimaco can offer its customers a complete portfolio for IT security from a single source in the areas of data encryption, hardware security modules, key management and public key infrastructure (PKI) in highly regulated areas. At the same time, the takeover marks another milestone in Utimaco’s strategic development from a product to a solution provider.
LAN Crypt, conpal's flagship product, will become part of Utimaco's Data Protection division. The LAN Crypt Cloud project, which is strategically important for conpal, forms a substantial building block for Utimaco's planned service strategy. Continuity is maintained as Utimaco takes over all previous employees, maintains the locations in Neu-Isenburg and Linz and invests in further development. The "conpal" brand is to be transferred to the Utimaco branding in the future, while "conpal GmbH" will continue to exist as a legal entity.
The file encryption conpal LAN Crypt, respectively u. trust Data File, will be continued under one name for the foreseeable future. It ensures the legally secure handling of sensitive data in accordance with data protection regulations such as GDPR, CCPA, PDPA, etc. At the same time, the solution is user-friendly - a decisive factor for the acceptance of security measures by the workforce.
Stefan Auerbach, CEO of Utimaco
We at Utimaco want to position ourselves as the preferred partner for cyber security and compliance in highly regulated and demanding industries. Deep integration, from the hardware through various software systems to the cloud, plays a crucial role for us. With conpal, we are now gaining another first-class product that fits seamlessly into our ecosystem.
