HID Global announces agreement to acquire ActivIdentity

HID Global, a provider secure identity
solutions, has announced that parent company ASSA ABLOY has entered
into a definitive agreement to acquire ActivIdentity, one of the
leaders in strong authentication and credential management. The
acquisition will widen the scope of HID Global's security industry
leadership with incremental capabilities focused on the convergence
of physical and logical access control.

ActivIdentity provides identity
assurance solutions, helping commercial and government organizations
to defend against security threats and meet compliance objectives,
while eliminating duplicate infrastructure and simplifying the user
experience. The addition of ActivIdentity' strong authentication,
credential management, security client, and authentication device
products and technologies to HID Global's Identity and Access
Management business will result in a unique portfolio of converged
access solutions for HID Global and ActivIdentity customers.
“ActivIdentity is an excellent
strategic fit on several dimensions with HID Global's vision of
trusted leadership in solutions for the delivery of secure identity,”
commented Denis Hébert, President and CEO, HID Global. ”We're
excited about the tremendous talent base that will add incremental
and complementary capabilities to the HID Global organization,” he
added.

“The combination of ActivIdentity
with HID Global represents an important industry inflection point of
logical access and physical access delivery capabilities,” stated
Grant Evans, Chairman and CEO, ActivIdentity. “The ability to
deliver such a comprehensive and innovative solution as this to our
customers and partners represents a compelling ROI that has been
extremely challenging to recognize in the past,” he said.