SC Square

Company Overview

Snapshot

Founded in January 1999, SC Square operated with 11–50 employees. The company was acquired by Broadcom in May 2011, marking a significant exit in the security software sector.

Business overview

SC Square, a subsidiary of Nisko Projects & Communications Ltd, specializes in providing security chip and communication solutions. The company's core technology leverages smart card technology, including contact, contactless, and dual-interface smart cards, alongside internet security and cryptographic algorithm design. SC Square primarily serves the communication services market within the broader Cyber Security sector.

Strategic signal

In May 2011, SC Square was acquired by Broadcom Corporation for $41.9 million in cash. This acquisition highlighted Broadcom's strategic interest in expanding its portfolio with innovative security technologies and skilled teams, signaling a consolidation trend in the security software market and validating SC Square's expertise in security chip and communication solutions.

Company Intelligence Q&A

What was the key strategic event for SC Square?

SC Square was acquired by Broadcom Corporation in May 2011 for $41.9 million in cash. This acquisition was part of Broadcom's strategy to integrate innovative technologies and high-quality teams.

What type of technology does SC Square specialize in?

SC Square specializes in security chip and communication solutions, with expertise in smart card technology (contact, contactless, and dual-interface) and the design of cryptographic algorithms and internet security solutions.

When was SC Square founded?

SC Square was founded in January 1999.

What is SC Square's primary sector?

SC Square's primary sector is Cyber Security.

What was the employee count for SC Square?

SC Square operated with 11–50 employees.