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TrustArc Acquires Nymity to Reimagine PrivacyTrustArc Intelligent Privacy Automation Platform Combined With Nymity Privacy Research Enables Organizations to Unleash Their Data SAN FRANCISCO, Nov. 19, 2019 /CNW/ -- TrustArc Inc, and Toronto-based Nymity, Inc., the two most experienced global privacy technology providers, are combining forces through the TrustArc acquisition of Nymity. Together, the two organizations will accelerate the development of the next generation of technology-driven privacy solutions. The combination of industry expertise and intelligent technology represents the ideal approach to meeting growing data privacy requirements driven by escalating public expectations and regulations around the world. Unmatched Experience Fosters Tremendous Opportunity "With our unrivaled privacy experience, TrustArc and Nymity will deliver the next generation of solutions that empower privacy, security, IT, legal, and business teams to efficiently drive insights, operationalize compliance, manage risk, and demonstrate accountability," said Chris Babel, CEO, TrustArc. "Our vision in merging is to deliver fresh, novel approaches to enable organizations of any size, sector, or region to effectively 'unleash their data' to drive value for customers, employees and shareholders." Acquisition Increases TrustArc Global Footprint by 50 Percent "Nymity is thrilled to become part of the TrustArc team. Together, our organizations can deliver unmatched privacy insights that drive a simple, visionary approach to data privacy and compliance," said Terry McQuay, president and founder, Nymity. "We will continue to offer customers Nymity and TrustArc solutions and services as we work to align our organizations and powerful platforms and frameworks." Alignment Delivers Suite of Accountability, Risk, and Compliance Solutions Nymity's 18 years of experience and expertise in delivering practical research will bolster the actionable Privacy Intelligence embedded in the TrustArc Platform, including its Intelligence Engine, Privacy Profile, and newly launched Risk Profile. Nymity received deal support and advice on the transaction from Dentons, Vista Point Advisors and from Shaun McDonald as strategic advisor to the CEO. About TrustArc TrustArc is the leader in privacy compliance and data protection solutions and offers an unmatched combination of innovative technology, services and TRUSTe certification solutions. TrustArc addresses all phases of privacy program management and has been delivering innovative privacy solutions for two-decades to companies across all industries. The TrustArc platform leverages deep privacy expertise and proven methodologies, which have been continuously enhanced through thousands of customer engagements. Headquartered in San Francisco, and backed by a global team across the Americas, Europe, and Asia, TrustArc helps customers worldwide demonstrate compliance, minimize risk and build trust. For additional information visit www.trustarc.com. About Nymity, Inc. Nymity Inc. provides business-friendly privacy compliance software solutions that minimize time to compliance with the world's privacy laws including the CCPA, GDPR, and LGPD. Nymity solutions reduce complexity and improve responsiveness to the business as they are based on four levels of research maintained in the only Expert Privacy Platform available in the market today. Dedicated to privacy law compliance since 2002, Nymity pioneered privacy compliance software over a decade before privacy rose to global prominence. Nymity is headquartered in Toronto, Canada, and London, UK, with offices in the United States, the Netherlands, Portugal and Colombia. To learn more visit us at?www.nymity.com. ? ?
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