Giesecke+Devrient (G+D) acquired Miami-based authentication firm XTec to expand its presence in the U.S. government digital identity market. XTec’s FedRAMP High-Impact–authorized identity and credential management platform enables G+D and its Veridos joint venture to deliver federal-grade identity verification, credential issuance, and authentication services to U.S. agencies. Strategically, the deal boosts G+D’s global digital identity capabilities, leveraging XTec’s government relationships and high-security cloud infrastructure to expand access to regulated public-sector markets.
G+D Secures U.S. Federal Identity Foothold Through XTec Acquisition