Tag: Grant Evans
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...