DocuSign buys most of OpenTrust to help grow its eSignature platform in Europe
Digital transaction management service DocuSign says it has signed a definitive agreement to acquire the Trusted Documents and Transactions (TDT) division of identity-based solution provider OpenTrust. Financial terms of the deal haven’t been disclosed, but DocuSign chief executive Keith Krach tells VentureBeat that all sixty-plus members of the TDT team will be joining the company.
With the addition of OpenTrust’s TDT team, DocuSign hopes to rapidly grow its business and will leverage the technology to help accelerate adoption of its digital transaction management solution in the European Union.
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