In 1943, and with direct support from the SS, the Quandts were able to establish a company-owned concentration camp directly alongside their battery works in Hanover. KZ (Concentration Camp) Hanover, a satellite of KZ Neuengamme, exploited the labour of both Jews and resistance fighters, as well as forced labour from France and Czechoslovakia. Prisoners from … Continue reading
Entrust Datacard’s agreement to buy the UK’s nCipher Security from defence and aerospace multinational Thales is part of the company owner’s “generational wealth-building” approach, CEO Todd Wilkinson told Computer Business Review in a call this week.
US-based Entrust itself was bought by the billionaire German Quandt family’s Datacard Group for a reported $500 million (Bloomberg estimate) in 2013.
Backed by the family’s significant firepower – the family is one of Germany’s richest and a major BMW shareholder – the company has made a string of European acquisitions in the past 12 months, with nCipher just the latest British company to prove an attractive target. Continue reading
“In 1943, and with direct support from the SS, the Quandts were able to establish a company-owned concentration camp directly alongside their battery works in Hanover. KZ (Concentration Camp) Hanover, a satellite of KZ Neuengamme, exploited the labour of both Jews and resistance fighters, as well as forced labour from France and Czechoslovakia. Prisoners from the KZ Neuengamme were selected for hard labour at the Quandt battery works…”
Minneapolis, Minnesota based Entrust is owned by German Quandt family. Entrust was acquired by Quandt family’s Datacard Group from Thoma Bravo reportedly for US $500 million. Datacard Group later changed its name to Entrust.
“The ability to verify identity and manage trusted access digitally is the key to transforming travel and citizen services around world. WorldReach is a great fit for Entrust, with deep experience in identity verification and digital onboarding solutions implemented at scale for governments and global travel providers. With the WorldReach acquisition, Entrust can help these organizations reshape government and travel service experiences around secure digital identities,” said Todd Wilkinson, CEO of Entrust. Continue reading
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