HID Global has established an agreement to acquire the identity solutions business of UK-based De La Rue, a manufacturer of banknotes, tax stamps, and passports. In announcing the acquisition, HID Global asserted that it would strengthen its position in the global government-to-citizen identification market, adding that De La Rue has a “significant market presence in…
Latvia-based eID specialist X Infotech has been acquired by Silverlake Axis (or “SAL”), a Malaysian FinTech solutions provider focused on the BFSI, retail, and logistics industries. Announcing the acquisition in a statement, SAL did not disclose its fiscal details, but indicated that it now possesses 80 percent equity in SIA X Infotech Group. Its CEO,…
“I am pleased that we have added top talent to HID’s senior leadership team and strengthened our ability to deliver on our exciting vision for the future.” – Stefan Widing, President and CEO of HID Global. HID Global has burnished its executive acumen with two high-profile new appointments. The company’s new VP and Citizen ID Business…
Mobile ID World President Peter O’Neill recently had the opportunity to speak with Ritu Favre, CEO of NEXT Biometrics. The conversation starts with a review of her first year as the company’s leader and her major accomplishments in the role. The conversation moves on to the major security benefits of NEXT’s large area sensors and…
