Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    OPPO to launch all-new ColorOS 13, based on Android 13, on 18thAugust

    August 10, 2022

    Boult Audio launches Zen Technology- enabled Environmental Noise Cancellation FXCharge neckband with superfast charging

    August 10, 2022

    5Elements Launches “X-Buds” and “Nuke+” Earbuds with ENC Feature in India

    August 10, 2022
    Facebook Twitter Instagram
    Trending
    • OPPO to launch all-new ColorOS 13, based on Android 13, on 18thAugust
    • Boult Audio launches Zen Technology- enabled Environmental Noise Cancellation FXCharge neckband with superfast charging
    • 5Elements Launches “X-Buds” and “Nuke+” Earbuds with ENC Feature in India
    • Features of premium smartwatches at affordable cost: SoRoo Smartwatch I wear 1 & I wear 2 Review
    • VARNi V Smart Watch Goes Beyond the Basics of a Fashionable while also Being Fashionable
    • UBON launches BT – 210 cricket ball truly wireless earbuds in India
    • Hyperice Launches Hypervolt Go 2, an Everyday Wellness Essential, in India
    • Xiaomi launches Xiaomi Smart Air Fryer 3.5L
    Facebook Twitter Instagram LinkedIn YouTube
    Mobility IndiaMobility India
    • News
    • Interview
      • Channel Focus
      • Retail Focus
    • Reviews
      • Product Featured
      • Hot Product
    • Featured
      • Top Stories
      • Event
      • Report
    • Gadgets
      • Smartphones
      • Imaging/Camera
      • Laptops
      • TV
      • Audio
      • Apps
    • E Mobility
      • EV
      • Auto
    • Gaming
    • Home Appliance
    • Make In India
    Mobility IndiaMobility India
    Home»News»HID Global Acquires Access-IS
    News

    HID Global Acquires Access-IS

    MOBILITY INDIABy MOBILITY INDIAAugust 20, 2020Updated:August 21, 2020No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Access-IS, a leader in ID document scanning, ticket reading and contactless fare payments, joins HID Global, a worldwide leader in trusted identity solutions, an ASSA ABLOY Group company.

    Access-IS is a leading technology provider of miniaturized reader devices that combine a number of key technologies ideal for mission-critical environments. Access-IS’ proven technology and solutions will broaden HID Global’s portfolio to create a new wealth of applications to enable both Access-IS and HID to realise their common vision.  The product and technology portfolios are greatly complementary and will accelerate both HID’s and Access-IS’ vertical market expansion and add new product offerings that supports people’s ability to transact safely, work productively and travel freely.

    The acquisition news follows a record period of growth for Access, which has doubled the size of its business since 2015 when Mobeus, a London based Private Equity house invested in and supported a Management Buy Out, to reach a revenue  of c. £19m in 2019. Managing Director, Guy-Franck Nakach said “HID and Access-IS vision, technology and values are extremely complementary, and together enable people to validate and use a trusted identity to access a range of services.  As the global leader in access solutions, HID has the reach and industry expertise to enable Access-IS to achieve its ambitious growth plans and fulfil its potential”. EC Mergers & Acquisitions acted as the exclusive financial advisor to Access-IS in the transaction.

    “Access-IS solutions are a good fit for HID. Strategically aligned with both our existing Extended Access Technologies business and HID’s transport and ticketing solutions in our Identification Technologies business, Access-IS will enhance HID’s industry leadership while positioning us for growth in a number of attractive markets,” said Björn Lidefelt, CEO of HID Global. “HID and Access-IS share a similar purpose to embed trust in physical products as a bridge to the digital world.”

    Access-IS technology is widely deployed in airports, transit and ticketing solutions, governmental and KYC applications worldwide. In addition to building upon Access-IS’s existing vertical markets, HID will leverage the company’s technology to fuel further expansion, and EMV contactless payment readers from Access-IS will broaden HID’s offering in the financial sector and other markets. Succeeding Guy-Franck, Susan Stuart will take the role of Managing Director of the Access-IS Business Unit and will be reporting to Steve Currie, Vice President and Managing Director of Extended Access Technologies’ Business Area.

    Extended Access Technologies HID Global
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    MOBILITY INDIA
    • Website

    MOBILITY INDIA Bureau: If you have an interesting article/experience/case study related to the ICT industry to share, please send us at editors@roymediative.com

    Related Posts

    OPPO to launch all-new ColorOS 13, based on Android 13, on 18thAugust

    August 10, 2022

    Boult Audio launches Zen Technology- enabled Environmental Noise Cancellation FXCharge neckband with superfast charging

    August 10, 2022

    5Elements Launches “X-Buds” and “Nuke+” Earbuds with ENC Feature in India

    August 10, 2022

    Comments are closed.

    YXL
    YXL
    Top Stories
    News

    Mobatree celebrates Monsoon Bonanza in July

    By MOBILITY INDIAJuly 29, 20220

    Follow @mobilitymag Mobatree, the pioneers of manufacturers of mobile batteries, has launched the Mobatree Monsoon…

    Home Appliance

    Anker introduces the WetVac W31, a cordless all-in-one wet/dry vacuum cleaner & mop

    By MOBILITY INDIAJuly 28, 20220

    Follow @mobilitymag Anker introduces the WetVac W31, a cordless wet/dry vacuum cleaner and mop with…

    News

    Harmano rebrands itself into a modern Indian brand identity as “HEARMO”

    By MOBILITY INDIAJuly 23, 20220

    Follow @mobilitymag Harmano, one of the leading manufacturers and distributors of audio devices and accessories,…

    News

    Stuffcool launches Made in India 10000mAh Magnetic Wireless Powerbank

    By MOBILITY INDIAJuly 15, 20220

    Follow @mobilitymag Stuffcool is proud to announce, first of its kind, a Made In India…

    News

    Mobatree introduces the Desi Buzz TWS in Pink, White and Black for Gen Next

    By MOBILITY INDIAJuly 15, 20220

    Follow @mobilitymag Mobatree, one of the pioneers of manufacturers of mobile batteries for over 10…

    About Us
    About Us

    A-23, 1st Floor Okhla Industrial Area, Phase-1, New Delhi-110020 (India)

    Telephone: 011-41602841, 011-40536384 -87

    Mob No. : 09811346846, 09625243429, 08287406709

    Regd.Off.: 38-B/56 Block, C. R. Park, New Delhi-110019.

    My Story

    Vivo to launch X70 series in India this month end

    By MOBILITY INDIASeptember 23, 20210

    KDM Believes in the Concept of Make in India and Sell to the World

    By MOBILITY INDIAOctober 9, 20200
    ISSUE

    Make In India Magazine July 2022

    July 23, 2022

    Mobility India Magazine July 2022

    July 23, 2022

    Make In India Magazine June 2022

    June 23, 2022

    Mobility India Magazine June 2022

    June 23, 2022
    Facebook Twitter Instagram LinkedIn YouTube
    • Home
    • Contact
    • About Us
    © 2022 Mobility India. Designed by Roy Mediative.

    Type above and press Enter to search. Press Esc to cancel.