Announced
Completed
Financials
Tags
Private
Security Equipment
United Kingdom
identity solutions
Acquisition
Friendly
Majority
Completed
Single Bidder
Synopsis
HID Global, a worldwide leader in trusted identity solutions, acquired the International Identity Solutions Business from De La Rue for £42m. The acquisition will broaden HID Global’s leadership position in the government-to-citizen identification market and extend its capabilities. “With complementary products, solutions and services that are highly synergistic with HID Global’s current offerings, De La Rue’s identity solutions business is an excellent strategic fit with our mission to power the trusted identities of the world’s people, places and things. Customers of both organizations will benefit from the expanded range of e-government solutions that will be offered as a result of the acquisition.” Stefan Widing, HID Global President and CEO.
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