Inside Secure announced that it has officially changed its corporate name to Verimatrix and is trading on the Euronext Paris exchange under the ticker symbol “VMX,” effective today.
To reflect the companies’ synergies and integration, the new identity combines the Verimatrix name with the Inside Secure logo and tagline, “Driving trust.” Lat March, Inside Secure completed its $143 million (€126m) purchase of security specialists Verimatrix.
“Today’s ubiquitous connectivity is prompting previously unrelated industries to work together. For instance, car manufacturers feature Android-based systems that need protection and appliances connect to a cloud service that requires secure network protocols. This industry fusion demands the security expertise and solution portfolio that span multiple industries, and this is exactly what the combined assets of the new company bring to the market,” said Amedeo D’Angelo, chairman and CEO of Verimatrix.
“Regardless of the device or type of data that needs protection, we are best positioned to secure this new connected world.”
