Tag: Stefan Widing
ACRE to sell Mercury Security to HID Global
September 20, 2017Spencer Ives
LAS VEGAS—Access Control Related Enterprises LLC, owner of Vanderbilt and ComNet, recently announced the sale of Mercury Security Products to HID Global, a brand under ASSA ABLOY. Mercury is a supplier of OEM access control hardware.“As Mercury Security became a less well-kept secret over the years, ACRE had often taken calls from prospective buyers interested in whether the property might be available. After an internal strategic assessment, the Board determined it should explore interest...
HID Global acquires Bluvision
December 19, 2016Paul Ragusa
AUSTIN, Texas—HID Global, a company that specializes in identity solutions, has acquired Bluvision, a Bluetooth Low Energy (BLE) provider in the enterprise Internet of Things (IoT) market. The deal closed Dec. 1, and financial terms were not disclosed.Bluvision will continue to maintain its operations in Fort Lauderdale, Fla., and the Bluvision team will report to Marc Bielmann, HID Global's VP and managing director of the Identification Technologies business.“Bluvision expands HID Global's...
HID Global buys DemoTeller
July 20, 2016SSN Staff
AUSTIN, Texas—Identity solution provider HID Global on July 18 announced the acquisition of DemoTeller, a provider of instant issuance solutions for the financial market. The deal will enable HID Global to “offer financial institutions a proven, regulatory-compliant solution for issuing personalized payment cards, such as a chip card, to consumers,” the company announced.Stefan Widing, president and CEO of HID Global, said in a prepared statement that this deal marks the entry...
Stefan Widing to lead HID Global
June 12, 2015Martha Entwistle
STOCKHOLM—Stefan Widing will take over as head of HID Global and EVP of ASSA ABLOY, parent company of HID, on Aug. 1.Widing will replace longtime HID Global CEO Denis Hebert who left HID May 23.HID Global is a provider of secure identity and access control products based in Austin, Texas.Ulf Södergren, ASSA ABLOY CTO, has served as interim CEO of HID since Hebert's departure. He will continue in this role until Widing starts his new job.Neither ASSA ABLOY nor HID Global has made an official...