VASCO Data Security International, Inc. (VDSI) CEO T. Kendall Hunt says the company intends to continue its historical strategy of technology tuck-in acquisitions. Hunt says he prefers smaller tuck-ins to larger acquisitions, which can be expensive and risky.
“We are interested in finding more products for our existing customers, and our enterprise and application security channel,” Hunt says. “We are always looking for new products to enhance the security of our existing customers, and we are looking for technology that will have appeal to our prospects and our competitors’ customers.”
FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE.
At the end of Q1 2014, Hunt says VASCO had about $110 million in cash and no debt, which puts the company in a position to continue its acquisition strategy.
“Along the way, over the years since 2003, we have acquired nine companies,” Hunt says. “We have been diligent about staying true to our strategy of spending the cash we generate wisely.”
Richard L. Soloway Details His Value Creation Strategy for NAPCO Security Technology (NSSC)
September 25, 2017
Informatica Corporation (INFA) Adapting Business Strategy to Unstructured Data Trends
November 20, 2014
Report Overview: Data hosting centers and data storage
September 15, 2016
Interview Highlights: Hendi Susanto of Gabelli & Company on Data Hosting Centers and Data Storage
September 19, 2016
Interview Highlights: David B. Rodgers of Robert W. Baird & Co. on Data Hosting Centers and Data Storage
September 20, 2016
