Atos Acquires Identity Management>
MSSP Alert – Dan Kobialka
Atos, a Top 200 MSSP for 2019, has finalized its acquisition of European digital identity infrastructure management provider IDnomic. The news comes after Atos in July announced that it had entered into exclusive negotiations to acquire IDnomic. More than 100 IDnomic digital identity specialists are joining Atosâs cybersecurity team as part of the acquisition, the companies said. In addition, the IDnomic acquisition could help Atos extend its reach in the global identity and access management (IAM) and public key infrastructure (PKI) solutions markets. Global IAM solutions market revenues are expected to increase at a compound annual growth rate (CAGR) of 13.1 percent between 2018 and 2025 and could be worth $24.1 billion by 2025, industry analyst Grand View Research stated. Furthermore, the global PKI solutions market is projected to expand at a CAGR of 15.1 percent between 2019 and 2024 and could be worth $3.6 billion by 2024, industry analyst MarketsandMarkets indicated.
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