SafeNet, Inc. announced that the acquisition of Aladdin Knowledge Systems Ltd. (ALDN) by an investor group led by Vector Capital will strengthen the company's leadership positions in software rights management, or SRM, and authentication. The statement follows the announcement by Aladdin Monday about the acquisition, which is valued at approximately $160 million.
SafeNet said that after the transaction is completed, Aladdin will become a portfolio company of Vector Capital, and will be affiliated to SafeNet and operate under common ownership. Aladdin is expected to be fully integrated into SafeNet in the future.
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