Thales acquires OneWelcome

Identity and Access Management platform OneWelcome acquired by Thales

Dutch technology goes global under the wings of Thales

Amersfoort, 12 July 2022 – The Dutch platform for digital access, OneWelcome, announced today that it has entered into an agreement to be acquired by Thales, a leading provider of cybersecurity solutions. With this acquisition, OneWelcome is able to roll out its state-of-the-art identity and access management platform globally. Customers and partners will benefit from expanding the company’s product portfolio with Thales' cybersecurity, data protection and privacy technologies. Investments in the OneWelcome technology will also be intensified as part of Thales' 'Digital Identity and Security Business Unit.

One-stop shop for digital access, from employees to consumers
For twenty years, Thales has been a leader in advanced authentication and access management technology for internal employees’ access to enterprise applications in the cloud and on-premises. With the addition of OneWelcome, Thales is able to serve not only employees but also consumers, enterprise customers, business partners and all other external users. Easy and secure access with protection of the privacy of all users is the basis of any digital transformation. The requirements for this in Europe are stricter than in any region and differ per country and per sector. OneWelcome has brought these together in a flexible and powerful platform. No other supplier in the market can offer this combination of functionality with this depth.

Global rollout, with European DNA
OneWelcome have built up an excellent reputation with analysts and over a hundred major significant repute customers in Europe over the past decade. Their clients provide digital access to all types of external users, in compliance with GDPR and specific requirements per country and per sector. With this acquisition, the technology becomes available globally and OneWelcome fulfils their growth ambitions to become the world leader in the identity and access management market, which according to Gartner is expected to grow to $25Bn by 2025. Thales' global network will be available to and support customers, prospects, and partners.

Increased investment in digital access
Within Thales, OneWelcome will continue to build on their technology and align with Thales' motto, "Building a feature we all trust". However, investments in the OneWelcome technology will be intensified. Thales also offers a unique portfolio of digital access products, including identity wallets, biometrics, identity verification, data protection and identity card technology. This offers unparalleled potential for innovation.

Danny de Vreeze, CEO of OneWelcome, comments: "Thales is a household name in the security world. Therefore, the acquisition offers us a unique opportunity to enrich our state-of-the-art solution and be a one-stop shop for all our customers' IAM challenges and needs. Becoming part of Thales broadens our offering, and at the same time, allows us to continue investing in our CIAM solutions. This will help us to continue to connect and protect millions of users across Europe and enables us to provide global support to our customers and partners. We look forward to continuing to innovate our products and expand into new markets with the help of Thales' global reach.

About OneWelcome
OneWelcome is the leading European provider of cloud-based identity and access management (IAM) for external user groups. Its IAM platform enables organisations to provide external identities with secure and easy access to their online services and apps. Its 120 employees in the Netherlands, Belgium, Poland and Romania work around the clock to connect people and businesses with innovative solutions.

Over 80 million people use the platform every day. The user groups are consumers (b2c), business ecosystems (b2b) and external workers (gig workers). Over a hundred clients rely on the identity and access management expertise of OneWelcome. These are organisations operating in dynamic and regulated industries, such as Malakoff Humanis, PostNL and the European Central Bank.

About Thales
Thales (Euronext Paris: HO) is a global leader in advanced technologies, investing in digital and “deep tech” innovations – connectivity, big data, artificial intelligence, cybersecurity and quantum technologies – to build a confident future crucial for the development of our societies. The Group provides its customers – businesses, organizations and governments – in the defense, aeronautics, space, transport, and digital identity and security domains with solutions, services and products that help them fulfil their critical role, consideration for the individual being the driving force behind all decisions.

Thales has 81,000 employees in 68 countries. In 2021, the Group generated sales of €16.2 billion.

Read more about this news on Thales' website:
https://www.thalesgroup.com/en/worldwide/digital-identity-and-security/press_release/thales-further-accelerates-its-cybersecurity

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