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Appin buys 50% stake in IDCertainty

IT and information security consulting company Appin Security Group, is all set to foray into the US market by acquiring 50 per cent stake in IDCertainty, a US-based security company subsidiary of PGMX Inc.

“PGMX Inc, with a significant presence in China and Vietnam and via its subsidiary IDCertainty, focuses on securing gaming companies, and digital publishing to prevent account and internet frauds by special patent pending technology created jointly with Appin,” a company release said here.

Commenting on the development, Rajat Khare, Director, Appin Group said, “The acquisition is the first step towards Appin’s long term goal of becoming a global player in IT security arena. With a gamut of solutions and IT security services, we are looking at a sizeable market share in these overseas markets. Our move will open new horizons for offshore outsourcing of IT security services to India.”