DigiCert completes $45m purchase of QuoVadis
QuoVadis, a technology company launched in Bermuda 20 years ago, has been sold to an American firm for $45 million.
The proposed takeover by DigiCert was announced in November and yesterday the companies confirmed the deal had closed.
DigiCert acquired QuoVadis from its previous owner, Swiss-based WiseKey International Holdings Ltd, which bought the Bermuda-born firm in 2017.
Additional QuoVadis data centre assets remain subject to approval of the Regulatory Authority of Bermuda and are expected to transfer to DigiCert in the near future. Meanwhile, WiseKey will provide transition services to DigiCert for those assets.
Link to Bermuda press release here