OneSpan Inc. has officially completed its acquisition of Build38, strengthening its position in next-generation mobile application security. The company had initially announced the signing of the definitive agreement on January 12, 2026. Now that the transaction has closed, OneSpan has fully integrated Build38’s advanced mobile protection technology, engineering expertise, and cloud-driven threat intelligence platform into its expanding cybersecurity portfolio.
With this acquisition, OneSpan significantly enhances its App Shielding capabilities. More specifically, customers will benefit from a broader and intelligence-driven approach to mobile application protection. As mobile channels increasingly become primary touchpoints for digital banking and enterprise services, organizations require continuous, real-time defenses. Therefore, the addition of Build38’s SDK-based security technology enables stronger in-app protection, cloud-powered threat detection, and adaptive AI-driven security controls.
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Furthermore, the combined offering provides organizations with deeper visibility into emerging and sophisticated risks, including AI-related threats. As cybercriminals leverage automation and AI to exploit vulnerabilities faster, security teams must respond with equally advanced defenses. By integrating in-app protections with cloud intelligence, OneSpan now delivers a seamless security framework designed to detect, analyze, and mitigate threats before they impact users or disrupt operations.
In addition, customers gain more precise threat response capabilities and enhanced monitoring across mobile ecosystems. This expanded foundation helps organizations secure high-value mobile experiences while maintaining agility in rapidly evolving digital environments. As digital transformation accelerates globally, mobile application security has become a critical component of enterprise cybersecurity strategy. Consequently, OneSpan’s expanded portfolio positions it to address both current and future mobile threat landscapes.
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“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.”
Overall, the acquisition marks a strategic milestone for OneSpan as it continues to expand its cybersecurity footprint. By combining Build38’s innovation in mobile protection with OneSpan’s established authentication and digital security expertise, the company aims to deliver a more unified, intelligent, and future-ready mobile security platform for enterprises worldwide.
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