MARKET MOVEMENT
Vernost Group opens doors to new office in UAE and expands global footprint
Pankaj Tripathi , CEO , Vernost
Vernost Group , a marketing technology solutions provider , has announced the opening of its Middle East headquarters in Dubai , UAE . The opening is in line with Vernost ’ s long-standing vision to help clients reimagine what ’ s possible by leveraging AI , Blockchain , analytics and cloud computing to deliver new-age loyalty and reward programmes .
Located in the Al Barsha neighbourhood , the new HQ will serve as the centre for the company ’ s activities such as providing bestin-class API services , consulting corporate and retail clients and building , managing and developing complex new generation business applications for them .
Pankaj Tripathi , Chief Executive officer , Vernost , said : “ We are thrilled to open our new regional headquarters here in the UAE . At Vernost , we have always believed in harnessing the power of people and products to deliver fulfilling experiences . Through our regional presence , we look forward to bulding on our commitment to our diverse clientele and making a big impact .”
Darshana Jagtap , Co-Founder , Vernost , said : “ Over the last decade , we have successfully served firms that have been looking for a solutions provider that delivers with urgency , agility , and accuracy . This is an exciting time in Vernost ’ s journey and we are blessed with a good mix of leaders in business and technology , who go above and beyond to make a difference to our clients .”
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Lookout buys SaferPass to address the rising threat of identity theft
Lookout Inc , a provider of endpoint and cloud security solutions , has announced it has acquired SaferPass , an innovative Password Management company that provides secure online identity solutions for both consumers and businesses . By adding Password Management technology to its suite of security solutions , Lookout is expanding on its mission to deliver proactive protection and safeguard customer data for individuals and businesses .
“ We are pleased to welcome the SaferPass team to Lookout , and excited to combine our respective solutions to deliver better value to consumers and businesses alike ,” said Jim Dolce , Lookout CEO . “ Today , every password owned by an employee is a potential access point to organisations both small and large . At the same time , large scale data breaches have leaked billions of consumer emails and passwords on the dark web , putting individuals at risk of identity theft and financial fraud . The SaferPass team shares our vision for providing seamless security solutions that address all access points and protect personal and corporate data wherever it may reside . This is an exciting next step in Lookout ’ s evolution .”
The acquisition of SaferPass broadens the Lookout portfolio of security solutions and expands the opportunity for its carrier ecosystem and channel partners – it also expands Lookout ’ s footprint in Central Europe through its new location in Bratislava , Slovakia . •
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