https://www.yubico.com/blog/yubico-is-merging-with-acq-bure/ [English ] * Contact Sales * Resellers * Support menuX iconYubico Header Text LogoYubico Header Text Logo [ ] Why Yubicoexpand_more Why Yubico How we help * Enterprises * SMBs * Individuals * Developers Work with us * Careers * Partner programs * Affiliate program Connect & learn * Contact Sales * Events * Press room * Yubico Blog * Yubico Executive Connect * About us * The team * Innovation history * Secure it Forward [WhyY-nav-e] Easy-to-use, secure authentication With YubiKey there's no tradeoff between great security and usability Why YubiKey * about Yubico [WhyY-nav-g] Proven at scale at Google Google defends against account takeovers and reduces IT costs Google Case Study * about Yubico [img-passwo] Protecting vulnerable organizations Secure it Forward: One YubiKey donated for every 20 sold Learn about Secure it Forward * about Yubico Productsexpand_more All products Hardware * YubiKey 5 Series * YubiKey 5 FIPS Series * YubiKey Bio Series * Security Key Series * YubiKey 5 CSPN Series * YubiHSM 2 & YubiHSM 2 FIPS YubiEnterprise Services * YubiEnterprise Subscription * YubiEnterprise Delivery Software and Services * Yubico Authenticator * Computer login tools * Software Development Toolkits * YubiCloud Discover the YubiKey * Using YubiKey is easy * Find the right YubiKey * Works with YubiKey * Compare YubiKeys [img-hundre] One key for hundreds of apps and services YubiKey works out-of-the-box and has no client software or battery Yubico protects you * about Yubico See YubiKeys as a Service YubiEnterprise Subscription delivers scale and savings Gain a future-proofed solution and faster MFA rollouts See YubiKeys as a Service * about Yubico Solutionsexpand_more Solutions overview Initiatives * Zero Trust * Executive Order OMB M-22-09 * Phishing-resistant MFA * Passwordless * Compliance * Cyber Insurance * Secure supply chain Use cases * Hybrid & remote workers * Secure privileged users * Mobile restricted environments * Call centers * Shared workstations Technologies * Microsoft ecosystem * Salesforce workspace * IAM solutions * AWS environment [img-passwo] The Bridge to Passwordless Begin the journey to make your organization passwordless Get the white paper * about Yubico [img-zero-t] Accelerate your Zero Trust Strategy 7 best strong authentication practices to jumpstart your Zero Trust program Get the white paper * about Yubico [img-federa] Federal cybersecurity requirements See guidance for CIOs and leaders to prepare for the modern cyber threat era See Gartner(r) Report * about Yubico Industriesexpand_more Industries overview Industries * High tech * Federal government * State & local government * Education * Financial services * Manufacturing * Energy & natural resources * Retail & hospitality * Telecommunications * Healthcare * Pharmaceuticals * Cryptocurrency * Elections & campaigns [img-mfg-na] Manufacturing and supply chain security Authentication best practices for manufacturing using highest-assurance security Get the white paper * about Yubico [img-phishi] Phishing-resistant MFA: Fact vs. Fiction Meet requirements for phishing-resistant MFA in OMB M-22-09 guidelines Get the white paper * about Yubico [img-nat-re] Secure energy and natural resources from cyber threats Best practices for phishing-resistant MFA to safeguard your critical infrastructure Get the white paper * about Yubico Resourcesexpand_more All resources Learn * Yubico Blog * Cybersecurity glossary * Authentication standards * Resource library * Developer program * Product briefs * Solution briefs * COVID-19 Resources Best practices * Case studies * Get a pilot started * White papers and reports * Webinars [img-beyond] BeyondTrust: secured with a subscription A global leader in Privileged Access Management adopts YubiEnterprise Subscription to simplify its deployment. 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Take the quiz * about Yubico [img-accele] Accelerate your YubiKey deployment Technical and operational guidance for your YubiKey implementation and rollout. Professional Services * about Yubico SearchX iconSubscribeStore Yubico is merging with ACQ Bure: merged company intends to go public on Nasdaq First North Growth Market in Stockholm [48d22] Mattias Danielsson [48d22] Mattias Danielsson April 19, 2023 3 minute read Share on FacebookShare on TwitterShare on LinkedInShare via Email [blog-trio-1100x550-1] We're excited to share that we have signed the intent to go public through a merger with ACQ Bure, a Swedish holding company that is currently publicly traded on Nasdaq Stockholm. We have chosen this path to continue our success to further achieve Yubico's long-term growth and goals. This is in partnership with our existing trusted investors and board, who support and are strategically aligned with this merger. The Transaction is expected to be completed during the third quarter 2023, subject to, among other things, approval by the general meeting in ACQ and Yubico, respectively. I am honored and thrilled by the opportunity to lead Yubico as the company prepares to go public. We see continuous revenue growth, we are profitable, and the need for our technology and our position in the cyber security market has never been stronger. I am looking forward to continuing my work with Yubico's founders and the rest of our team, who all are instrumental in our company's success. In addition, ACQ's strong and long-term shareholder base provides a solid foundation to continue our growth journey in a listed environment. Here's what others that are close to the merger are saying: Stina Ehrensvard, Co-founder and Chief Evangelist of Yubico commented: "When Jakob and I founded Yubico in Stockholm 16 years ago, our vision was to make secure logins easy and accessible to everyone. Today, we are proud and humbled to have built and established a global gold standard for strong authentication. Today, our technology protects access for the world's largest enterprises, critical government infrastructures, human rights organizations, and millions of individuals around the world. I am excited that Mattias Danielsson recently transitioned to Yubico's CEO. He has been my trusted co-worker and top adviser for thirteen years and he and the rest of the team are well positioned to lead the company through this next phase. I am continuing to support Yubico's development as a member of the board and am working to increase awareness on cyber security in my recent role as Chief Evangelist." Henrik Blomquist, CEO of ACQ Bure commented: "I am pleased to announce this proposed transaction, which meets all investment criteria communicated when we listed ACQ in 2021. Yubico is a trusted global brand in cybersecurity with a unique blue-chip customer base and is led by a strong management team with a proven track record of profitable growth. By listing Yubico through ACQ, we create a solid foundation for the company to continue its successful growth journey and create value for all our shareholders." Caroline af Ugglas, on behalf of ACQ board of directors commented: " The non-conflicted board members of ACQ have carefully considered the potential transaction with Yubico that we have been presented with. We have ensured that a due diligence of Yubico's operations has been conducted by professional external advisors, and we have obtained a fairness opinion from Handelsbanken that supports that the merger consideration is fair from a financial perspective for ACQ and its shareholders. In conclusion, we all consider Yubico to be an attractive investment for ACQ and therefore for its shareholders, and we recommend that ACQ's shareholders vote in favor of the transaction at the upcoming EGM." For more information on this announcement, see here. Please note: some information on this site is gated and restricted to Swedish residents. Share this article: Share on FacebookShare on TwitterShare on LinkedInShare via Email --------------------------------------------------------------------- Recommended Posts * [YubiKeys-for-Privilege-Elevation-with-Azure-PIM_blogcrown] Enforcing YubiKeys for privilege elevation with Azure Privileged Identity Manager (PIM) Privileged access management is a critical identity governance component of a cybersecurity risk reduction strategy. Threat actors often target over-privileged accounts to gain unauthorized access, exfiltrate sensitive data, introduce malicious activity, or engage in other forms of malicious behavior. 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