ETAS GmbH has completed the acquisition of ESCRYPT GmbH, a system house specializing in embedded system security technologies and solutions, headquartered in Bochum, Germany. Approval from antitrust authorities has now been received.

08/27/2012

ETAS Acquires System House ESCRYPT

Executive managers Dr. Thomas Wollinger (ESCRYPT), Uwe Hillmann (ETAS), Dr. Jan Pelzl (ESCRYPT), and Friedhelm Pickhard (ETAS)

ETAS GmbH has completed the acquisition of ESCRYPT GmbH, a system house specializing in embedded system security technologies and solutions, headquartered in Bochum, Germany. Approval from antitrust authorities has now been received. The contract for the acquisition was signed earlier in April 2012.

ESCRYPT GmbH will remain a legally autonomous entity and will continue to be headed by longstanding managing directors Dr. Thomas Wollinger, Dr. Jan Pelzl, and Dr. André Weimerskirch. Future plans for ESCRYPT include, in addition to its successful products and services already established in the market, further expansion of the service portfolio in the areas of industry and system solutions.

ESCRYPT is a leading system house with security solutions for embedded electronic systems. Its solutions are deployed in the automobile sector and in a variety of other industries, such as medical and automation technology, chip and information technology, and mechanical engineering.

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