What does SAFENET mean in IT?
This page is about the meanings of the acronym/abbreviation/shorthand SAFENET in the Computing field in general and in the IT terminology in particular.
Submitted by Tancial on May 9, 2021
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Definition
What does SAFENET mean?
- SafeNet
- SafeNet, Inc. was an information security company based in Belcamp, Maryland, United States, which was acquired in August 2014 by the French security company Gemalto. SafeNet's products are marketed under the SafeNet product brand, and include solutions for enterprise authentication, data encryption, and key management. SafeNet's software monetization products are sold under Gemalto's Sentinel brand. SafeNet was notably one of the largest suppliers of encryption technology to the United States Government.On 8 August 2014, Gemalto announced that it had signed a definitive agreement to acquire 100% of the share capital of SafeNet from Vector Capital for US$890 million on a debt free/cash free basis. A subsequent acquisition of Gemalto by French rival Thales Group was completed on 2 April 2019.
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"SAFENET." Abbreviations.com. STANDS4 LLC, 2024. Web. 19 Jun 2024. <https://www.abbreviations.com/term/2504241>.
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