HID Global, a provider of secure identity, announced the completion of its parent company Assa Abloy’s acquisition of ActivIdentity. The acquisition will expand HID’s logical access offering and create a portfolio of converged physical and logical access solutions. These solutions will enable existing and future enterprise, financial services and government customers to meet their security and compliance requirements with the broadest range of user authentication products.
HID Global, a provider of secure identity, announced the completion of its parent company Assa Abloy's acquisition of ActivIdentity. The acquisition will expand HID's logical access offering and create a portfolio of converged physical and logical access solutions. These solutions will enable existing and future enterprise, financial services and government customers to meet their security and compliance requirements with the broadest range of user authentication products.
ActivIdentity's solutions are used to confidently establish a person's identity for digital interactions, also known as logical access control. There is growing demand to combine this capability with the kinds of solutions that HID has traditionally offered for physical access control and secure card issuance. These converged solutions will enable a single smart card to support multiple authentication methods and enforce policies throughout the enterprise, providing multilayered security across company networks, systems and facilities, protecting an organization's intellectual property and information assets.
“HID has been recognized as the security industry leader in physical access control and secure card issuance,” said Denis Hebert, President and CEO with HID. “Now, with the addition of ActivIdentity's market leadership in identity assurance and its broad portfolio of complementary credential management, strong authentication and security client products, we will be positioned to provide the integrated solutions that our customers need for physical and logical access convergence.”
As part of HID's identity and access management business, ActivIdentity will extend HID's logical access control offering to include identity assurance products that help commercial and government organizations defend against security threats and meet compliance requirements while streamlining their infrastructure and simplifying the user experience. HID's acquisition of ActivIdentity reinforces the company's continuing commitment to its served markets with three key objectives:
* Extend ActivIdentity's identity assurance solutions for enterprise markets.
* Further expand HID's government business to include a fully compliant suite of credential assurance and logical-physical access verification products that are trusted by millions of government employees across hundreds of agencies.
* Combine ActivIdentity's strengths in user authentication for online banking and commerce with HID's payment solutions to offer a more complete portfolio for the mobile commerce and banking markets.