Docaposte acquires electronic and digital safe business

La Groupe La Poste owned Docaposte has acquired Idemia’s electronic signature and digital safe business.

The acquisition of the business from the augmented identity company’s portfolio will enable Docaposte to expand its range of banking and insurance development solutions in Europe. It will also also open Docaposte to a market with an estimated value of €1.25bn in 2025.

In a bid to establish itself as an expert in digital trust solutions in France and the EU, Docaposte has been making a range of targeted acquisitions since 2007. It currently operates in seven countries and has plans to work into two more in the coming year.

Olivier Vallet, the chairman and CEO of Docaposte, said, “This acquisition represents a dual strategic operation for the consolidation of our position as an expert in digital trust in France and the development of our activities internationally. It is also the opportunity for us to broaden our know-how thanks to the expertise of the teams joining us that will continue to be directed at Docaposte by Laurent Fournié.”

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