Security News > 2020 > August > HID Global acquires Access-IS to broaden technology portfolio, boost market expansion

HID Global announced that it has acquired Access-IS to broaden HID Global's technology portfolio, accelerate its vertical market expansion, and add new product offerings that help meet customers' evolving needs for integrated, digitized solutions.

From barcode reading and image processing for document scanning to NFC and EMV for mobile ticketing, Access-IS has brought to market a range of devices that have been deployed worldwide in major cities and countries across a number of key verticals including finance, transportation and government.

"Access-IS solutions are a good fit for HID. Strategically aligned with both our existing Extended Access Technologies business and HID's transport and ticketing solutions in our Identification Technologies business, Access-IS will enhance HID's industry leadership while positioning us for growth in a variety of attractive markets," said Björn Lidefelt, CEO of HID Global.

More than 100 million transactions processed through Access-IS products daily and its installed base includes over 20,000 systems used in public transportation and ticketing around the world.

In addition to building upon Access-IS's existing vertical markets, HID will leverage the company's technology to fuel further expansion, and EMV contactless payment readers from Access-IS will broaden HID's offering in the financial sector and other markets.

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