Entrust

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Entrust, Inc.
Type Public (NASDAQ: ENTU)
Founded 1994
Headquarters Dallas, TX, United States
Number of locations 15
Key people F. William (Bill) Conner - President and CEO
Industry Online information and identity protection
Services PKI, SSL certificates, authentication, encryption, fraud detection, secure e-mail, and layered security
Revenue $99.7 million (2008)
Employees 411
Divisions CygnaCom Solutions
Website www.entrust.com

Contents

[edit] About Entrust, Inc.

Headquartered in the Dallas-Fort Worth Metroplex, Entrust (NASDAQ: ENTU) specializes in security solutions such as public key infrastructure, multifactor authentication, SSL, fraud detection and e-mail security.[1]

[edit] History

Gartner, an information technology research and advisory firm headquartered in Stamford, Conn., named Entrust as a "leader" in its 2009 Magic Quadrant for Web Fraud Detection[2] released in February 2009. Based on Entrust's comprehensive fraud detection and multifactor authentication solutions, Gartner's Magic Quadrant for Web Fraud Detection placed Entrust in the leadership position based on its "ability to execute" and the company's "completeness of vision."

In September 2008, Entrust was a key member in the ePassports EAC Conformity & Interoperability Tests in Prague, Czech Republic. Facilitated by a consortium of the European Commission, Brussels Interoperability Group (BIG) and the European Commission Joint Research Centre, the Prague tests allowed European countries to verify conformance of their second-generation ePassports containing fingerprint biometric data protected by Extended Access Control functions, commonly referred to as EAC. Additional testing included verification of crossover interoperability between EAC inspection systems and ePassports from different countries.

Entrust was included on the Russell 3000 Index in July 2008.[3]

In July 2007, Entrust contributed public key infrastructure (PKI) technology to the open-source community through Sun Microsystems, Inc. and the Mozilla Foundation. Specifically, Entrust supplied its certificate revocation list distribution points (CRL-DP), Patent 5,699,431, to Sun under a royalty-free license for incorporation of that capability into the Mozilla open-source libraries.[4]

Two months earlier, in May 2007, Entrust was the first certification authority (CA) to successfully meet the WebTrust operational requirements for Extended Validation (EV) SSL certificates. Entrust met the audit requirements established by the Canadian Institute of Chartered Accountants, based on the EV guidelines produced by the CA/Browser Forum.

In July 2006, Entrust acquired Business Signatures Corporation[5], a leading supplier of non-invasive fraud detection solutions, for $50 million (USD). From a GAAP accounting perspective, the total purchase price was approximately $55.0 million, including assumed stock options, transaction expenses and net asset value. Giving Entrust a West coast presence in Redwood City, Calif., Business Signatures was founded in 2001 by former executives from Oracle, HP and Cisco. It originally was funded by the Texas Pacific Group, Walden International, Ram Shriram of Google and Dave Roux of Silver Lake Partners. The company had just more than 40 employees before the acquisition.

Entrust also acquired Orion Security Solutions, a supplier of public key infrastructure services, in October 2006.[6]

In mid-2004, Entrust acquired AmikaNow! Corporation's advanced content scanning, analysis and compliance technology.[7] Using highly sophisticated content analysis tools, the technology is designed to automatically analyze and categorize email message and document content based on the contextual meaning, not simply pre-defined word lists. Policies can be customized to suit the corporate environment and be automatically enforced at the boundary to help customers reduce business risk and help in their compliance with privacy and securities laws including HIPAA, Gramm-Leach-Bliley Act, Personal Information Protection and Electronic Documents Act and various SEC regulations.

In April 2002, Entrust’s PKI technology served as the foundation for the prototype of what is now the United States Federal Bridge Certification Authority (FBCA). The Federal Bridge CA is a fundamental element of the trust infrastructure that provides the basis for intergovernmental and cross-governmental secure communications. Acting as a trust conduit, the FBCA extends the benefits that agencies and government organizations achieve through the use of Public Key technology to a broader set of applications and transactions. Entrust's PKI serves as a core element of the Federal Bridge and demonstrates interoperability with all major FBCA vendors.

Through its acquisition of enCommerce in May 2000, Entrust combined authentication and authorization technologies in a single security infrastructure. In 1994, Entrust built and sold the first commercially available public key infrastructure (PKI) to make it possible to manage the keys and certificates that enable encryption and digital signatures.

One of Entrust's primary offices in Ottawa, Ontario, Canada.

[edit] Official Web Sites

[edit] News, Profiles & Financial Reports

[edit] External links

[edit] Entrust Competitors

[edit] References

  1. ^ Entrust Profile, Hoovers, Inc. (subscription required)
  2. ^ "Gartner Names Entrust as 'Leader' in 2009 Web Fraud Detection Magic Quadrant," PR Newswire, February 9, 2009
  3. ^ "Entrust added to Russell 3000 Index," Dallas Business Journal, July 3, 2008
  4. ^ "Entrust offers certificate technology to Mozilla," ComputerWorld Canada, July 25, 2007
  5. ^ "Entrust acquires Business Signatures for $50M," Computer World, July 20, 2006
  6. ^ "Entrust buys Orion Security Solutions," Washington Technology, June 15, 2006
  7. ^ "Entrust buys up AmikaNow!," Ottawa Business Journal, May 19, 2004
Retrieved from "http://en.wikipedia.org/wiki/Entrust"
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