• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

HID Global to Acquire RFID Components Supplier

October 3, 2019

HID Global to Acquire RFID Components Supplier

HID Global has established an agreement to acquire LUX-IDent, an RFID components supplier based in the Czech Republic, the company has announced.

The Czech firm designs and manufactures RFID components including inlays, prelaminates, key fobs, and glass transponders, among others; and its solutions range across Low Frequency, High Frequency, Near Field Communication, and RAIN RFID ultra-high frequency bands. Smart card makers, system integrators, and OEMs are among its main clients.

In announcing the pending acquisition, HID Global CEO Stefan Widing asserted that his organization is already “a premier source of components for a wide variety of RFID use cases and IoT applications”, framing the LUX-IDent purchase as a means of reinforcing that status while expanding HID’s presence in the global market.

“The acquisition of LUX-IDent further optimizes our portfolio with more ways to offer customization in both large and small volume projects,” Widing said. “Expanding our presence in Central and Eastern Europe with LUX-IDent will further enhance HID’s ability to serve customers locally while extending our RFID technology into emerging markets.”

The deal’s announcement indicates that HID is on a bit of a shopping spree, with the company also having just announced its acquisition of Australia-based secure card maker Placard, a move that came shortly after HID’s purchase of PKI solutions provider HydrantID last month.

HID Global’s deal to acquire LUX-IDent is subject to regulatory approval, with HID anticipating that the deal will close in the fourth quarter of this year. Assuming the acquisition moves forward, LUX-IDent will be folded into HID’s Identification Technologies business, overseen by VP and Managing Director Marc Bielmann.

Filed Under: Industry News Tagged With: acquisitions, corporate news, HID, HID Global, LUX-IDent, M&A, mergers and acquisitions, NFC technology, RFID, RFID technology

Related News & Articles

Cops Can Compel Biometric Phone Unlocking with a Warrant, Says Kentucky Court

One Drop Collects More Data to Improve Accuracy of Medical Prediction System

Societe Generale Now Trialing IDEMIA’s F.Code Biometric Payment Card

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • NordPass, Yahoo! Japan, and Regula Keep Up Mobile Biometrics Momentum
  • NordPass Enables Biometric, TOTP-secured 2FA for Business Users
  • Mastercard Solution Certified Under UK’s Digital ID Framework
  • Transatlantic Digital Traveler Identity Project Gets High-Profile Tech Partner
  • Digital Identity Tech Demo Online Event

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld