Keynectis has entered exclusive talks to acquire peer OpenTrust with both backed by Gemalto, a France-based digital security provider.

Gemalto, a France-based digital security provider, has merged two of its corporate venturing unit’s portfolio companies.

Keynectis has entered exclusive talks to acquire peer OpenTrust. Pascal Colin, chief executive of Keynectis, said: "Both companies, located in Issy-les-Moulineaux, the French Silicon Valley, have a strong common background. Combining the products of the two companies will result in a portfolio that will meet broader market needs. Moreover, this operation is backed by Keynectis shareholders that are key players in the Trust &…