German SecurityTech company Giesecke+Devrient (G+D) has taken a decisive step in its international growth strategy with the acquisition of XTec Incorporated, a U.S.-based leader in secure authentication solutions. XTec, headquartered in Miami, Fla., is a recognized provider of federal-grade identity, authentication, validation, authorization, and access management solutions for government and highly-regulated environments. Certified for systems handling highly sensitive U.S. government data, XTec maintains long-standing relationships across federal agencies and regulated commercial enterprises. The company’s portfolio includes the only Identity and Credential Management ecosystem authorized at the FedRAMP High Impact level, as well as cryptographic tokens and smart access systems. 

Source: https://finance.yahoo.com/news/giesecke-devrient-acquires-xtec-marking-164700951.html?utm_campaign=Morning%20Brief&utm_medium=email&_hsenc=p2ANqtz-83n80EblTdBacuMTbjMhBY8Z2WMxYH9Fd_oNrEPFAjPzW5kQX9RGvVB7cMI_G9N9LDIMsvTxpjCqBF8UkkGETEANWgYKvZh7LCLsOgADItDoyGPe0&_hsmi=407026012&utm_content=407025377&utm_source=hs_email