WISeKey Becomes Member of IBM’s PartnerWorld integrating Watson to its unique Trusted IoT Platform

WISeKey Becomes Member of IBM’s PartnerWorld integrating Watson to its unique Trusted IoT Platform

ZUG, Switzerland – September 26, 2017 – WISeKey International Holding Ltd (SIX: WIHN), a provider of Cybersecurity and IoT solutions, has been selected to become a member of IBM PartnerWorld. This initiative synergizes partnerships domestically and around the world, and makes WISeKey’s technology and services available to a much broader audience.

PartnerWorld, IBM’s worldwide marketing and enablement program, is designed to create new revenue and market opportunities for IBM and IBM Business Partners by offering its members sales, marketing, technical, training and collaboration benefits designed to help grow businesses and drive increased profits.

The award-winning PartnerWorld program provides its members with resources to help clients thrive in the digital era, and is    tailored to the needs of each member.  This cooperation will allow WISeKey to resolve complicated cybersecurity and IoT environments burdened by exponential volumes of data, threats and IoT growth.

WISeKey proposes a vertical cybersecurity platform, its “Trusted IoT Platform,” which secures the life cycle of connected devices, from the hardware security and “Root of Trust” to Blockchain and Artificial Intelligence to process the data generated by the IoT network.  WISeKey also offers a range of contact and contactless secure micro-controllers that protect the digital identity of the connected devices. Designed to meet the most stringent security requirements, many of these products are EAL5+ Common Criteria security-certified.

Through its integration with IBM Watson, WISeKey aims to enhance the security of the data exchanged with IoT devices.  WISeKey will leverage a digital identity that the device can use to authenticate itself in the IoT network, using a dual-factor authentication at the device level, and to encrypt the communications.  Currently, most IoT devices are not built with embedded secure systems, which makes these devices vulnerable to exploitation. By integrating the WISeKey identity and secure chip into the IoT hardware and platform, objects connected to the Vertical Platform can develop their own cybersecurity behavior and make smarter and safer decisions.

Objects secured with these IoT chips produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.  Imagine an intelligent car with a system processing authenticated data for each of the vehicle’s components, being able to predict when its parts will require maintenance and to digitally sign all the logs required to prove that service was provided. This platform can be used in multiple industrial applications, allowing for optimized productivity across industries through predictive maintenance on equipment and machinery, creating truly smart homes with connected appliances, and providing critical communication between devices including self-driving cars and smart homes.

The possibilities that IoT brings to the table are endless. WISeKey’s technology creates a platform that helps connected devices to become intelligent devices that can learn from attacks, defend themselves, and transfer this intelligence to other devices in the network.

As a benefit of the IBM Watson cloud service, WISeKey’s technology becomes available to smaller IoT manufacturers that do not have the resources or expertise to perform thorough security analysis of their products.  With the ability to adopt this platform, these manufacturers can reduce the number of unprotected products that are released to consumers.

This new partnership with IBM opens up many possibilities for improving the overall security functionalities and creating new business processes by taking advantage of the world of digital identification at the object level, which once combined with Big Data and AI allows us to gather and process all available information and generate actionable insights.

About WISeKey:
WISeKey (SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying via a Virtual Platform large scale digital identity ecosystems. WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) and IoT Microchips provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

To receive WISeKey’s latest news, subscribe to our Newsletter or visit the WISeKey Investors Corner.

Press and investor contacts:

WISeKey International Holding Ltd
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
WISeKey Investor Relations (US)
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611

This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

Technology and Digital Takeovers Drive Global M&A

MUNICH, Sept. 26, 2017 (GLOBE NEWSWIRE) — The technology sector has become a major driver of global M&A activity as acquirers from both inside and outside the tech industry seek to expand their technology and digital capabilities. Deals involving technology targets totaled more than $700 billion in 2016 and represented nearly 30% of all M&A activity, according to The Boston Consulting Group (BCG)’s 2017 M&A report, The Technology Takeover, released today.

The biggest factor behind tech M&A is the rise in acquisitions of tech targets by companies from nontech sectors. These buyers are seeking to expand their technology capabilities to catch up with digital trends, internalize technological and digital skills, and use acquisitions to accelerate business model innovation and digitalization.

To better understand the trend toward more technology M&A, BCG assembled a proprietary database of more than 43,000 high-tech deals over the past 20 years, developing a lexicon of 450 technology business terms to use in screening companies and transactions for inclusion. This research showed that M&A transactions involving tech targets doubled over the past three years. The share of acquirers of tech targets from outside the tech industry has grown by 9 percentage points since 2012, to around 70% of all tech transactions. Also, every industry sector in the BCG Technology Deals Database showed a significant increase in the share of tech deals since 2012.

Three of the biggest trends driving the rapid pace in tech acquisitions are the rise of Industry 4.0, a big increase in cloud computing and cloud-based solutions, and the search for mobile tech and software application providers.

Median EV/sales multiples for digital targets rose almost 50%, increasing from 2.1x in 2013 to almost 3x in 2016. The highest multiples in 2016 were paid for gaming (3.9x), fintech (3.2x), cloud-based services (2.8x), and mobile and app developer (2.8x) targets. The median EV/sales multiples for Industry 4.0 targets was 2.0x, reflecting the fact that many of these transactions involve hardware companies, which typically have lower margins than their software counterparts.

“Digital and advanced technologies have disrupted multiple industries already, and they are making their influence felt across most others,” said Jens Kengelbach, a BCG partner, the global head of the firm’s M&A efforts, and a report coauthor. “Time to market and reaching critical mass are key considerations, and companies often don’t have the time—or the talent—to build the capabilities they need themselves. Companies are turning to M&A to acquire new capabilities and close innovation gaps.”

There was one counterintuitive result: the report, which was produced in collaboration with Paderborn University, found that more innovative companies are the ones that undertake more tech acquisitions. Acquirers, in both the tech and the nontech sectors, that primarily buy nontech targets had a median R&D-to-sales ratio of 1.2%. Companies that focus on tech acquisitions had a median R&D-to-sales ratio of 5.5%. A more detailed analysis by industry segment confirmed that the search for innovation also drives the appetite for M&A: the more a company spends on R&D organically, the more likely it is also to be an active acquirer of tech targets.

A New Tech Bubble?
While tech EV/EBIT multiples are at lofty levels—an average of 24x over the past three years, well above the long-term average of 20x—transaction multiples involving nontech targets have risen by similar amounts. High valuation levels are currently a fact across the full M&A market and do not necessarily signal an industry-centric tech bubble ahead.

“Today’s tech M&A market is somewhat different from the dot-com fever back in 2000,” said Georg Keienburg, a BCG principal and a report coauthor. “For one thing, the companies being acquired are more mature and profitable now than they were in the dot-com times. For another, buyers today are much more knowledgeable about how the specific technology will help to digitally disrupt their own business models from the inside rather than being disrupted by someone else.”

Do Tech Deals Add Value?
In 2016, some 70% of the M&A tech targets ended up in the hands of a nontech buyer. Both the media EV/sales multiple of 3.3x and media EV/EBIT multiple of 26.5x were especially high for larger tech deals (those worth more than $1 billion), reflecting that buyers see some targets as must-have assets, even if the potential for value creation is lower. Even given the high multiples paid, serial digital acquirers (those making six or more acquisitions over the past 20 years) generated one-year relative total shareholders returns (RTSRs) of 4.4% more than their relevant index. The RTSR for less frequent acquirers was flat or slightly negative.

“Successful acquirers of tech firms do three things right,” Kengelbach said. “They follow a focused strategy, they develop a tailor-made M&A process for tech targets, and they build the right corporate organization to find, execute, and integrate innovative tech firms.”

A copy of the report can be downloaded at http://on.bcg.com/2wH3Rq0.

To arrange an interview with one of the authors, please contact Eric Gregoire at +1 617 850 3783 or gregoire.eric@bcg.com.

About The Boston Consulting Group
The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with more than 90 offices in 50 countries. For more information, please visit bcg.com.

The Boston Consulting Group
Eric Gregoire
Global Media Relations Manager

Tel +1 617 850 3783
Fax +1 617 850 3701

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Digital Disruption in Global Banking Sector Continues to Increase, Survey by ACI Worldwide and YouGov Reveals

Naples/FLA, London/UK, Sept. 26, 2017 (GLOBE NEWSWIRE) — he digital disruption in the global banking sector continues to rise. Consumers worldwide increasingly expect new and innovative services from their banks and are willing to share data with new financial service providers, a global online survey by ACI Worldwide and YouGov of more than 9,000 consumers in the U.S. and Europe has found.  


Asked which three services they want most from their current account providers:

-more than half of U.K. consumers (52%) said they would like to see more loyalty discounts and offers, followed by better security and fraud prevention (38%) and real-time banking services (36%)

-30% of respondents in Italy, 27% in the US and 32% in Hungary said they want access to more varied ATM services

-25% of UK consumers, 26% in France and 25% in the US want more control over their banking services, for example, the ability to temporarily de-activate elements of a service, such as disabling a payment card or set their own contactless limits.

The majority of U.K. consumers are amenable to the idea of sharing data with new financial service providers that are expected to come onto the market in January in 2018 when the new European PSD2 regulation takes effect. The regulation will allow new service providers to access consumers’ banking details with their consent, and are expected to offer a range of new services that could help consumers to better manage their finances, save money and find better deals. More than half of U.K. consumers (55%) said they would need to better understand what happens to their personal data and how it is protected before they use these services.

Lu Zurawski, Practice Lead EMEA, Retail Banking and Consumer Payments at ACI Worldwide comments:

“The data suggests that we have reached a tipping point at the intersection of technology and financial services where the majority of consumers now trust technology enough that they want it to enhance their financial lives. This is great news for the banking industry as many banks and financial service providers have been leveraging these new technologies for some time.

“However, the research also shows that a lot of work still needs to be done to educate consumers about how to take advantage of the new financial service offerings—and provide assurances that their personal information is safe. Raising consumer awareness about the challenges and opportunities of this ‘brave new world’ will be crucial to its success.”

Other key findings:

  • Switching account providers: In Italy, almost half of consumers (47%) plan to switch account providers in the next 12 months, in France 34 percent and in Spain 39 percent. In the U.S., U.K. and Germany, consumers seem happier with their current account provider, with the majority not planning to switch (65%, 78% and 64% respectively).
  • Banking Annoyances: Credit and debit card fees, as well as fees for various banking services, are the biggest annoyance for consumers worldwide (U.S. 34%, France 52% and Hungary 53%).
  • Real-time payments schemes in the U.S. and Europe: Awareness among the real-time payments schemes to be launched in the U.S. and Europe is relatively low in all countries. 80 percent of consumers in France and 88 percent of consumers in Germany for example, are not aware of the Pan-European Real-Time Payments Scheme which will be launched in November. And 81 percent of U.S. consumers have not heard about The Clearing House real-time scheme that will come into effect in the US at the end of this year.


Methodology and Demographics: All figures, unless otherwise stated, are from YouGov Plc.  Total sample size was 9,372 adults, 1,002 in Italy, 1,010 in France, 1,152 in United States, 2,104 in Germany, 2,078 in the UK, 1,000 in Hungary, 1,026 in Spain.  Fieldwork was undertaken between 25th May – 5th June 2017.  The survey was carried out online. The figures have been weighted and are representative of all adults in each country (aged 18+).


2017 is a crucial year for immediate payments with both the pan-European SEPA Instant Credit Transfer Scheme (SCT Inst) and TCH Real-time Payments in the US going live this year. The new schemes will not only empower consumers and businesses to send and receive real-time payments from their existing accounts, but will also provide a platform for banks to launch new and innovative services built around a real-time payments hub for today’s and tomorrow’s digital economy. (link to landing page)

ACI’s UP Immediate Payments offers a proven solution for financial institutions to provide connectivity to IP schemes globally. We not only provide our customers with a technical gateway, but also payment processing functionality, guidance on compliance, fraud, scheme rules, testing and certification, as well as support throughout the complex on-boarding process.


About ACI Worldwide

ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.


© Copyright ACI Worldwide, Inc. 2017. 
ACI, ACI Worldwide, ACI Payment Systems, the ACI logo and all ACI product names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.

Product roadmaps are for informational purposes only and may not be incorporated into a contract or agreement. The development release and timing of future product releases remains at ACI’s sole discretion. ACI is providing the following information in accordance with ACI’s standard product communication policies. Any resulting features, functionality, and enhancements or timing of release of such features, functionality, and enhancements are at the sole discretion of ACI and may be modified without notice. All product roadmap or other similar information does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/6e9588ec-d725-44dd-b980-c152feabcfef

Andrea Snyder
ACI Worldwide

Katrin Boettger
ACI Worldwide

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