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.