Morpho (Safran) finalized the acquisition of Dictao, the leading publisher of software solutions for security and digital trust. Based in France, Dictao has 100 employees and offers innovative solutions for strong authentication, secure online transactions and secure archiving, for both public and private sector customers worldwide.
The acquisition of Dictao reflects Morpho's development strategy and confirms its leadership in the security market. The two companies' digital identity businesses are highly complementary, from ID document management to use. Morpho will now be able to offer an even more extensive range of highly secure solutions to both governments and private sector companies (banks, insurance firms, manufacturers, etc.). These synergies will also foster excellent growth potential, especially in international markets because of Morpho's global presence.
"Dictao is a trusted partner, working with us for many years as a supplier of digital security products for large-scale ID programs," said Philippe Petitcolin, Chairman and Chief Executive Officer of Morpho. "This acquisition clearly reflects our commitment to covering all aspects of digital identity, allowing us to guarantee more secure and convenient authentication for all online transactions."
Jacques Pantin, Chairman and Chief Executive Officer of Dictao, added: "By joining Morpho we will amplify the technical excellence and innovative mindset that have driven our success for more than a decade. We now have the resources needed to support our international development strategy. The highly complementary nature of our businesses will enable us to offer customers complete, integrated security and authentication solutions, tailored to the needs of the new digital economy."
