OneSpan Completes Acquisition of Build38
MWN-AI** Summary
OneSpan Inc. (NASDAQ: OSPN) has successfully completed its acquisition of Build38, a market leader in mobile application protection solutions. The definitive agreement for this strategic acquisition was initially announced on January 12, 2026. By integrating Build38’s advanced mobile security technologies into its offerings, OneSpan aims to bolster its cybersecurity portfolio significantly.
This acquisition enables OneSpan to enhance its App Shielding capabilities, offering customers an enriched, intelligence-driven approach to securing their mobile applications. Key features include continuous in-app protection, cloud-powered threat intelligence, and AI-enabled defenses that can adapt to evolving security threats. This comprehensive suite of tools will provide customers with greater visibility into potential risks, including threats associated with artificial intelligence, allowing for a more precise threat response.
Victor Limongelli, CEO of OneSpan, expressed excitement about the integration, emphasizing that the combination of Build38’s cutting-edge technology enhances OneSpan's mobile app security capabilities. The move positions the company to innovate further and offer next-generation security solutions tailored for customers, primarily in banking and high-stakes digital environments.
Notably, the acquisition’s financial implications are expected to be negligible on OneSpan’s full-year 2026 guidance. Founded in 2019 as a spin-off of Giesecke+Devrient, Build38 offers advanced protection across various sectors, including mobile banking and fintech, establishing its reputation as a key player in mobile application security.
OneSpan continues to lead in developing secure, seamless digital experiences while ensuring compliance and exceptional customer service. With this acquisition, the company is poised to better address the complex and evolving challenges in mobile app security, contributing to the protection of identities and functionalities in a digitally interconnected world. More information can be found on their official website.
MWN-AI** Analysis
**Market Analysis: OneSpan's Acquisition of Build38**
OneSpan Inc. (NASDAQ: OSPN) has recently completed its acquisition of Build38, a notable player in mobile application protection solutions, a strategic move aiming to bolster its cybersecurity offerings. This acquisition not only enhances OneSpan's App Shielding capabilities but significantly expands its security portfolio, tapping into Build38’s advanced technology and expertise in threat intelligence.
OneSpan's integration of Build38 is set to provide customers with enhanced protection, addressing emerging risks in the increasingly complex digital landscape. The firm's emphasis on AI-driven defenses and continuous in-app protection signifies a proactive approach to counteract evolving threats, particularly in the context of mobile banking and fintech. Furthermore, this synergy positions OneSpan favorably to cater to organizations seeking state-of-the-art mobile security solutions.
From an investment standpoint, investors should view this acquisition as a positive indicator of OneSpan's commitment to innovation and market leadership. The company's strategy aligns with ongoing trends prioritizing cybersecurity, especially given the rise in cyber threats affecting financial technologies. Key stakeholders, especially those in banking and finance, may find OneSpan’s augmented offerings appealing as they navigate their security needs.
While the company has stated that the acquisition will not materially impact their full-year 2026 guidance, prudent investors should closely monitor OneSpan's subsequent quarterly reports for concrete evidence of integration progress and its effects on revenue growth. The market may initially react with caution, but the long-term potential for OneSpan—especially as it broadens its client base with stronger security solutions—could lead to favorable outcomes.
In conclusion, OneSpan's acquisition of Build38 reflects a strategic enhancement of its cybersecurity capabilities, offering strong growth potential for investors. Keeping an eye on future performance and market reception will be crucial for making informed investment decisions in response to these developments.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
OneSpan Inc. (NASDAQ: OSPN) today announced that it has completed the acquisition of Build38 , a leader in next-generation mobile application protection solutions. The signing of the definitive agreement was previously announced on January 12, 2026. With the transaction now closed, OneSpan officially brings Build38’s advanced mobile security technology, engineering talent, and cloud-driven threat intelligence platform into its expanding cybersecurity portfolio.
With Build38’s technology now part of OneSpan, customers will gain access to expanded App Shielding capabilities through a more comprehensive and intelligence-driven approach to protecting their mobile applications, including the ability to strengthen their mobile channels through continuous in-app protection, cloud-powered threat intelligence, and adaptive, AI-enabled defenses. This expanded capability equips customers with deeper visibility into emerging risks, including AI-related risks, more precise threat response, and a seamless, future-ready foundation for securing high-value mobile experiences as digital ecosystems continue to evolve.
“With the close of this acquisition, we’re excited to welcome Build38 to OneSpan and take this important next step in expanding our mobile app security capabilities,” said Victor Limongelli, CEO of OneSpan. “By adding Build38’s SDK-based security capabilities to enhance our App Shielding offering, including the integration of in-app, cloud, and AI-driven protections, we’re strengthening our ability to safeguard high-value mobile channels and help our customers stay ahead of rapidly evolving threats. This combination enhances our platform, accelerates our innovation roadmap, and positions OneSpan to deliver the next generation of mobile application security to leading banks and other organizations around the world.”
The acquisition is not expected to materially affect OneSpan's full?year 2026 guidance.
About Build38
Build38 is the leading provider of mobile app security solutions, offering advanced protection for mobile applications across various industries including mobile banking, payments, SoftPOS, fintech, mobile ID, crypto wallets, automotive, and eHealth. With its cutting-edge technology and commitment to innovation, Build38 ensures that mobile apps are secure, resilient, and compliant with industry standards. Founded in 2019 as a Spin-off of Giesecke+Devrient, the company has attracted strategic investments from G+D Ventures, eCAPITAL Entrepreneurial Partners, Criteria Venture Tech, and Tikehau Capital.
About OneSpan
OneSpan helps organizations build secure, seamless, and trusted digital experiences through two solution portfolios: Cybersecurity and Digital Agreements. Our cybersecurity solutions protect identities, secure mobile apps, and safeguard access through advanced high-assurance authentication, threat intelligence, fraud prevention, and robust mobile app protection, defending users, devices, and applications against sophisticated attacks. Our digital agreements solutions streamline agreement workflows with secure e-signatures, identity verification, and smart digital forms, built to enable speed, compliance, and exceptional customer experiences. Trusted by leading global enterprises, including more than 60% of the world’s 100 largest banks, OneSpan processes over 100 million digital agreements and billions of secure authentication transactions across more than 120 countries each year.
For more information, go to www.onespan.com . You can also follow @OneSpan on X (Twitter) or visit us on LinkedIn and Facebook .
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable U.S. securities laws, including statements regarding: the anticipated impact of the Build38 acquisition; our plans and expectations regarding Build38’s technology and its contribution to OneSpan’s product portfolio; and the general effects of, and outcomes from, the proposed acquisition of Build38. Forward-looking statements may be identified by words or phrases such as "seek", "believe", "plan", "estimate", "anticipate", “expect", "intend", "continue", "outlook", "may", "will", "should", "could", or "might" and other similar expressions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect our business and financial results include, but are not limited to the factors described in the “Risk Factors” section of our Annual Report on Form 10-K for the year ended December 31, 2025. Our filings with the Securities and Exchange Commission and other important information can be found in the Investor Relations section of our website at investors.onespan.com. We do not have any intent, and disclaim any obligation, to update the forward-looking information to reflect events that occur, circumstances that exist or changes in our expectations after the date of this press release, except as required by law.
Unless otherwise noted, references in this press release to “OneSpan”, “Company”, “we”, “our”, and “us” refer to OneSpan Inc. and its subsidiaries.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260302042005/en/
Media contact:
Nicole Bosgraaf
Director, Brand & Communications
+1-401-219-2131
nicole.bosgraaf@onespan.com
Investor contact:
Joe Maxa
Vice President of Investor Relations
+1-312-766-4009
joe.maxa@onespan.com
FAQ**
How does the acquisition of Build38 enhance OneSpan Inc. (NASDAQ: OSPN) ability to protect mobile applications against emerging AI-related threats compared to its previous offerings?
What specific advantages does OneSpan Inc. (OSPN) foresee gaining from the integration of Build38's SDK-based security technology into its existing App Shielding capabilities?
In the context of OneSpan Inc. (NASDAQ: OSPN), how will the anticipated benefits of the Buildacquisition impact customer experiences and satisfaction in mobile banking and other industries?
Given the strategic importance of this acquisition, how does OneSpan Inc. (OSPN) plan to communicate the enhanced capabilities to current and prospective clients in its marketing efforts?
**MWN-AI FAQ is based on asking OpenAI questions about OneSpan Inc. (NASDAQ: OSPN).
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