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Silanis Technology’s Acquisition by VASCO to Fuel Growth of Global E-Signature Adoption

MONTREAL--(BUSINESS WIRE)--

Silanis Technology has entered into an agreement to be acquired by VASCO Data Security International, Inc., which will position the e-signature provider to grow global e-signature adoption and lead international market share in the race to take business digital. With Silanis to become a subsidiary of VASCO, the e-signature provider will be able to leverage its parent company’s global presence and resources to accelerate the adoption of e-signatures and help organizations worldwide complete digital transactions securely.

“E-signatures have largely been a North American phenomenon until now and with VASCO’s vast resources, global footprint and established partner channels, we will be able to lead the international race against DocuSign and quickly bring e-signatures to enterprises in regions outside of North America,” said Silanis Technology CEO Tommy Petrogiannis. “The strength of VASCO’s presence in the European and Asia-Pacific markets, in conjunction with the global expansion efforts that Silanis started mid-year with IBM Cloud to meet in-country data-residency requirements will help realize our global game plan.”

The agreement of acquisition will add VASCO’s more than 10,000 international customers, including more than half the top 100 global banks, to Silanis’ significant North American presence. This, in conjunction with the unified platform of Silanis’ e-signature solution e-SignLive...


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