HID Acquires Government ID Solutions Manufacturer
HID Global, Irvine, Calif., a provider of solutions for the delivery of secure identity, announced that its parent company, ASSA ABLOY, completed the acquisition of LaserCard Corporation, a provider of secure ID solutions. The LaserCard acquisition further strengthened HID Global’s worldwide market position in the government ID market, and significantly expanded its portfolio of identity authentication and government-issued credential solutions, the company said.
LaserCard’s expertise ranges from secure card design and manufacture to issuance system implementation for large-scale citizen and resident identification programs. The company’s unique credential constructions feature LaserCard’s highly differentiated, counterfeit resistant optical security media (OSM) and embedded hologram technology that enables reliable credential authentication with the human eye.
“We are pleased to be adding such a strong talent base and product portfolio to the HID Global family,” said HID Global president and chief executive officer Denis Hébert. “LaserCard shares HID’s vision to be the trusted leader in solutions for the delivery of secure identity. Together we will offer compelling advantages as a single source for complete e-identity solutions within our joint installed base.”
LaserCard will extend HID’s secure identity offering to include all necessary components and capabilities for producing completed national and state level government IDs. The acquisition fulfills several key objectives to extend HID’s product-development competencies in highly secure ID credential technology; its geographic presence, projects and channels in the government ID market; and enhance its Identity On Demand (IOD) service offering and expertise.
HID also recently announced the acquisition of ActivIdentity, which strengthened the company’s portfolio of authentication and credential management solutions.