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HID acquires IdenTrust

January 22, 2014Martha Entwistle

AUSTIN, Texas—From its newly christened headquarters here, identity solution provider HID Global today announced it has acquired IdenTrust, a provider of digital identities. IdenTrust is expected to generate $14 million in sales in 2014. The deal is expected to be [initially] slightly dilutive to earnings per share, according to HID Global's parent company, ASSA ABLOY. Founded by financial institutions in 1999 and based in San Francisco, IdenTrust has 63 employees. Its digital identity solutions...

Denis Hébert, HID Global, IdenTrust