SafeNet Stock

safenet-inc.comEnterprise Software / CybersecurityFounded: 2000Funding to Date: $890MM

Provider of hardware and software security software. The company provides complete security utilizing its encryption technologies to protect communications, intellectual property and digital identities. The company was acquired by Gemalto (XAMS: GTO) for $890 million on January 8, 2015. The investor is backed by Fonds Strategique d'Investissement. The purchase price of US$890 million is self-funded with US$440 million from available cash, and US$450 million drawn from existing long-term credit facilities.

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Management Team

Jan Manning
Chief Information Officer & Corporate Vice President
Ken Siegel
Corporate Vice President, General Counsel & Secretary
Christopher Fedde
Chief Operating Officer
Tsion Gonen
Chief Strategy & Marketing Officer

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News Highlights

Gemalto's SafeNet KeySecure wins 2017 Cybersecurity Excellence Award
Gemalto has emerged triumphant from the 2017 Cybersecurity Excellence Awards after achieving ‘Best Encryption Product’ with SafeNet KeySecure.
SafeNet Launches New Cryptographic Key Mgmt for US Government - American Security Today
SafeNet Assured Technologies, has released its latest cryptographic key management solution, KeySecure for Government – which is manufactured, sold, and supported in the U.S. exclusively by SafeNet Assured Technologies. KeySecure for Government manages cryptographic keys and associated policies for a broad range of data-at-rest encryption solutions. This cryptographic key management system can be deployed across physical, …
Updated on: Feb 11, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.