Converge Technology Solutions Corp. Acquires Vivvo Application Studios Ltd.
Converge Technology Solutions announces that it has completed the acquisition of Vivvo Application Studios, a Canadian technology innovation organization that delivers a feature-rich, production-ready, proven identity-management-as-a-service (IDMAAS) platform that enables and accelerates digital transformation. Vivvo marks the sixteenth acquisition announced by Converge.
The acquisition of Vivvo will accelerate the time to market for Converge’s TrustBuilder Platform, Converge’s ground-breaking Digital Identity and Privacy solution based in Gatineau and will further contribute to the fast-emerging Gatineau innovation ecosystem.
Recommended AI News: Atriomx Health Announces $10 Million Series A Financing
Vivvo was founded in 2015 by a leadership team with decades of cumulative experience in both public and private sector organizations. Since then, Vivvo has become a catalyst in the transformation of government digital service delivery. Using the Vivvo Trust Platform, customers can easily move client-facing services online using a single identity in a privacy-first, consent-based model. This allows governments and enterprise organizations to deliver services at scale to end users in a cost-effective manner. Additionally, Vivvo is currently leveraging its platform to develop a solution that could be used to issue and validate proof of COVID-19 vaccination and immunity. It will be submitting proposals to governments at all levels in Canada in the weeks to come. Vivvo currently works with provinces, territories, and municipalities to accelerate their digital transformation initiatives by leveraging its innovative trust platform and personnel expertise.
“We provide our customers with a secure platform that affords privacy and trust for digital service interactions. The Vivvo Trust Platform enables an incremental, scaled approach for enterprises to get services online quickly, securely, and with little to no risk,” said Rory Cain, Vivvo Co-Founder. “There is more demand now than ever for solutions that protect users’ data with measures that don’t encumber utility. Joining the Converge family means that we can bring those solutions to more customers across North America to make the data exchanged between them and their end clients more secure and streamlined.”
Recommended AI News: Recruiter.com to Acquire OneWire, a Leading Financial Services Hiring Platform
“The Vivvo acquisition accelerates deployment of our Converge TrustBuilder platform, and combined with the Vivvo Trust Platform, provides businesses and governments solutions that create trust ecosystems,” said Shaun Maine, CEO of Converge. “A great example of this is the COVID vaccine passport solution that the combined entities will be bringing to market which can help governments keep their citizens safe by tracking and providing timely verification, in an indisputable way, of who has received an approved COVID-19 vaccine.”
“The integration of Vivvo’s solutions with our existing platform and our ongoing research and development efforts in Gatineau will position Converge as a leader in the next generation digital identity product market,” said Don Cuthbertson, CTO of Converge. “We feel that the concept of trust ecosystems has broad applications including enabling public sector organizations to finally deliver the benefits of service transformation that citizens have been expecting. With the potential of the city being declared a Cybersecurity Innovation Zone, Gatineau will be the epicenter of this as we increase our product development footprint there in the coming months.”
Recommended AI News: SomaLogic Adds $81 Million to Series A Financing Totaling $214 Million