Bundesdruckerei acquires shares in Cryptovision

Posted On 14 Sep 2013
Comment: Off

Bundesdruckerei is to acquire a 25.1 per cent share in Cryptovision, headquartered in Gelsenkirchen. With this move, the Berlin-based company is expanding its expertise in the field of high-efficiency encryption techniques and strengthening its market standing as a full-service provider of ID security systems. ‘Protection of personal and other confidential information plays a central role in our digital society. The security requirements placed on electronic ID solutions are increasing continuously,’ stated Ulrich Hamann, CEO of Bundesdruckerei. ‘With our investment in Cryptovision, we are expanding our range of solutions and products along the entire ID process chain.’ Cryptovision is a provider of secure electronic identity and digital information protection solutions. Founded as a spin-off of Essen University, the company specialises in modern cryptography methods and public key infrastructures for government authorities and private commercial sectors. Cryptovision was commissioned by the German Federal Office for Information Security to participate in developing the EAC (Extended Access Control) standard for electronic passports. Among its products is the ePasslet suite, a comprehensive collection of applications for sovereign electronic documents. It is used for the eID cards of Rwanda and Armenia and electronic passports of Moldova and Ecuador. The solutions offered by the two companies complement each other, as has already been demonstrated in a number of joint projects. ‘In view of our excellent cooperation in the past, we are happy to welcome Bundesdruckerei as one of our shareholders,’ stated Markus Hoffmeister, Cryptovision’s CEO. ‘Now we will be able to exploit further synergy effects in future, particularly in the field of cutting-edge eID technology.’

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.