Microsoft Corporation acquires Credentica

Microsoft Corporation acquired Credentica, a transaction announced in March 2008.

Credentica operates in Identity and Access / Connected Systems Division, is based in Montreal, Quebec, Canada. Credentica was a Montreal-based company specializing in cryptographic digital-identity technology, including its U-Prove credential system for privacy-preserving online identity verification. Microsoft acquired it to advance secure, privacy-protecting identity and access-management technologies.

Incorporate U-Prove privacy-preserving credential technology into Microsoft's identity and access-management platform.

Advisory firms were not disclosed for this transaction.

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