eMudhra to exit global SSL/TLS certificate business to sharpen core focus
EMUDHRA · price
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eMudhra's board has decided to exit the global SSL/TLS certificate business, which contributes about 1% of global revenue. The decision follows a recent certificate incident, which the company says it handled within 14 hours with no data breach. The company cited rising compliance costs, complexity, and competition from free SSL/TLS providers. Core businesses including DSC, eSign, enterprise PKI, emSigner, and identity solutions remain unaffected. Customers will get free certificate replacements from partners during the transition.
Minimal revenue hit at 1 percent of global revenue; sharpened focus on core may support margins but near-term scrutiny possible.