Entrust company already has an extensive array of services and has the tech chops and credibility to work in some of the more sensitive verticals in the market, like government and financial services. However, an AI acquisition gives it another critical step up in providing services that are fit for the complex challenges of today, and probably tomorrow. It also speaks to the bigger trend we’ve seen in consolidation of point solutions on larger platforms.
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Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400m
“As we bring Onfido together with Entrust, we’re going to have a leadership position pretty much across that identity lifecycle,” he said.
