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HID Global announces agreement to acquire ActivIdentity for $162m

October 12, 2010SSN Staff

IRVINE, Calif.—HID Global, a provider of solutions for the delivery of secure identity, on Oct. 11 announced parent company ASSA ABLOY has entered into a definitive agreement to acquire ActivIdentity for $3.25 a share or approximately $162 million. ActivIdentity is a provider of authentication and credential management. According to a release, the acquisition will widen the scope of HID Global's security industry leadership with incremental capabilities focused on the convergence of physical...

ActivIdentity, Assa Abloy, Denis Hébert, Grant Evans, HID