The TIMETOACT GROUP acquires the majority of the shares of IPG Information Process Group Holding AG, based in Winterthur. Through the acquisition, the competencies for Identity and Access Management (IAM) solutions in the DACH market are combined. Identity Access Management (IAM) is the fundamental prerequisite for IT security and digitalization and will be optimally served by the merger of the two groups.
We are very pleased that the merger with IPG will make us the leading IT service provider for Identity and Access Management (IAM) solutions in Germany, Austria and Switzerland. In addition, both companies will strengthen their position in the market for "Identity driven Security".