NEW YORK : OneSpan Inc, a U.S. cybersecurity tools vendor that has become the target of activist hedge funds such as Legion Partners Asset Management, is exploring options that include a sale of the company, people familiar with the matter said. OneSpan is working with investment bank Evercore Inc on a sa
NEW YORK : OneSpan Inc, a U.S. cybersecurity tools vendor that has become the target of activist hedge funds such as Legion Partners Asset Management, is exploring options that include a sale of the company, people familiar with the matter said.
OneSpan, which has a market value of close to $700 million, declined to comment. Evercore did not immediately respond to requests for comment.
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