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TeleSign Acquisition By BICS Closes, Deal Value Rises To $335M

socalTECH

Marina del Rey-based phone verification and user authentication service TeleSign is now officially part of BICS , after the official close of the acquisition, BICS said today. TeleSign will continue to be run by CEO Aled Miles. The deal was originally announced in April.

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TeleSign Acquired By BICS For $230M

socalTECH

Los Angeles-based TeleSign , which uses phone calls and related information for mobile identity management, authentication, and other cloud services, has been acquired by Brussels-based BICS , in a deal worth $230M in cash plus unspecified earnout. BICS said that TeleSign has annual revenues of around $100M.

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TeleSign To Go Public Via SPAC

socalTECH

Los Angeles-based TeleSign, which provides two factor authentication and other related services to businesses--which has been running as a unit of Belgian telecom firm Proximus--is going public via a SPAC, the companies said on Friday. The deal will value the new company at $1.3 Telesign was acquired by Proximus back in 2017.

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Belgium Telecom Company BICS to Buy TeleSign for $230 Million.

L.A. Business Journal

TeleSign Corp. of Marina del Rey, a developer of user authentication software, announced on Tuesday that it had agreed to be acquired for $230 million in cash by telecommunications company BICS of Belgium.

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TeleSign Gets $40M

socalTECH

Los Angeles-based TeleSign , the developer of security and identification technology headed by serial entrepreneur Steve Jillings, has raised $40M in a Series B funding round, the company announced this morning. identification cybersecurity authentication factor security employment jobs hiring capital venture telesign'

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TeleSign Partners With Belgium Telecom Provider

socalTECH

Los Angeles-based Telesign , which provides phone-based authentication and related services, says it has partnred with Proximus , the largest telecommunications company in Belgium. According to TeleSign, the partnership will provide its fraud risk product portfolio to regional and international companies with a presence in Belgium.

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TeleSign Names Co-Founder To CEO Post

socalTECH

Los Angeles-based TeleSign , which develops customer identification products, including two factor authentication and other related products, has named co-founder Ryan Disraeli as its CEO, the company said on Thursday. Disraeli co-founded TeleSign with Stacy Stubblefield and Darren Berkovitz in 2005. READ MORE>>.