Notarius, a provider of trusted identities and digital signature solutions, is pleased to announce that it has been acquired by Portage Cybertech Inc., a Quebec-based company specializing in secure digital transactions and a member of the Converge Technology Solutions (TSX: CTS) global business community of IT and cloud solutions.
Notarius has been working for over 25 years to build a digital trust ecosystem for identities and the authenticity of electronic documents. The Chambre des Notaires du Québec (CNQ), which founded Notarius in 1996, remains a fully invested partner in the company's future to ensure a strong continuity and to promote a variety of solutions to professional associations and their members.
The arrival of Notarius in the Portage CyberTech family is excellent news. Portage CyberTech management has known Notarius for many years and has long recognized and valued the company’s role as a trusted third party and its expertise in identity and digital signatures for professionals.
This acquisition will give Notarius the opportunity to enhance its solution offering for professionals and organizations wishing to digitally transform themselves and increase their productivity, while remaining compliant with laws and regulatory frameworks. In addition, the synergy with Portage CybeTech's existing portfolio of digital solutions and Converge Technology's customer base, will allow Notarius to target a broader spectrum of regulated professionals globally.
By acquiring Notarius, Portage Cybertech and Converge Technology Solutions’ subsidiaries will be able to offer a wider range of products and leverage the strength of a recognized trusted enterprise to develop new ones. With the market for trusted signature and digital identity solutions growing rapidly around the world, Notarius senior management is pleased to have additional resources and partners.
"Notarius' solutions fit perfectly with our vision for secure digital transactions. Through this acquisition, Portage intends to maintain and create many additional jobs in Québec to further invest in digital trust. Notarius' partners and customers will continue to be able to rely on the company's excellent service and reliable technological solutions. In addition, they will now be able to count on more resources to meet their needs," said Don Cuthbertson, CEO of Portage Cybertech Inc.
Overall, this acquisition will be a springboard for Notarius, who will benefit from Portage CyberTech to solidify its partnerships and ensure its growth in North America.