In order to provide secure identity solutions to governments, corporations and financial institutions around the world, HID Global has announced that it has acquired IdenTrust.
Denis Hébert, President & CEO, HID Global, stated, “The acquisition of IdenTrust complements the previous acquisition of ActivIdentity and considerably strengthens our HID Global value proposition around secure authentication, providing us with a Trust Framework for issuing, authenticating and using digital identities based on open standards.”
“This acquisition, long in the making due to regulatory requirements, is very positive for IdenTrust, its customers, other shareholders and employees. HID Global provides IdenTrust with a strong, financially stable owner with a highly complementary product portfolio, while IdenTrust offers HID Global enhanced access to the banking, corporate, and government identity markets. The combined solution offering is unmatched in the industry,” said Karen J. Wendel, President & CEO, IdenTrust.
With this acquisition, IdenTrust is expected to complement HID Global’s Position as a leader in providing its partners and end-users with the ability to create, manage and use identities for a variety of applications.
