Vasco Buys A&A for $1.4M

Vasco Data Security International Inc. has purchased the identity and access management provider Alfa & Ariss BV.

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Vasco said Monday that it has bought all A&A stock for $1.4 million in cash. A&A is in Enschede, The Netherlands, and was founded in 1999.

Vasco, of Oakbrook Terrace, Ill., said the A&A deal fits with its purchase of DigiNotar, which it announced in January. DigiNotar's authentication gateway server was developed with A&A.

"Alfa & Ariss brings important know-how and engineering capabilities to Vasco," Ken Hunt, the company's chairman and chief executive, said in a press release.


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