IdenTrust Complements HID Global’s Position as a Leader in Providing
Its Partners and End-users with the Ability to Securely Create, Manage
and Use Identities for a Variety of Applications
AUSTIN, Texas--(BUSINESS WIRE)--
HID Global®, a worldwide leader in secure identity solutions, today
announced it has acquired IdenTrust, Inc. (IdenTrust®), a leading
provider of solutions for globally interoperable digital identities that
can authenticate, encrypt, and create electronic signatures for every
type of transaction or activity where proof of identity is essential.
The acquisition significantly expands HID Global’s ability to provide
some of the most secure identity solutions to governments, corporations,
and financial institutions around the world.
IdenTrust is the largest supplier of digital identities for the
Department of Defense’s External Certification Authority (ECA) program
and the General Services Administration’s Access Certificates for
Electronic Services (ACES) program, and it provides identity management
solutions for over twenty of the world’s largest financial institutions.
In the United Kingdom, IdenTrust digital certificates secure more than
six billion payment transactions annually, with an aggregate value
exceeding $7 trillion.
“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,” said Denis HÉbert, President and CEO of HID Global.
“This acquisition, long in the making due to regulatory requirements, is
very positive for IdenTrust, its customers, other shareholders and
employees,” said Karen J. Wendel, President and CEO of IdenTrust. “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
Headquartered in San Francisco, IdenTrust has its operations center in
Salt Lake City, Utah, as well as sales offices in Washington D.C. and
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About HID Global
HID Global is the trusted source for innovative products, services,
solutions, and know-how related to the creation, use, and management of
secure identities for millions of customers around the world. The
company’s served markets include physical and logical access control,
including strong authentication and credential management; card printing
and personalization; visitor management systems; highly secure
government and citizen ID; and identification RFID technologies used in
animal ID and industry and logistics applications. The company’s primary
brands include ActivID®, EasyLobby®, FARGO®, Codebench®, LaserCard® and
HID®. Headquartered in Austin, Texas, HID Global has over 2,100
employees worldwide and operates international offices that support more
than 100 countries. HID Global® is an ASSA ABLOY Group brand. For more
information, visit www.hidglobal.com.
About IdenTrust, Inc.
IdenTrust™ (identrust.com) is a leader in trusted identity solutions
recognized by financial institutions, government agencies and businesses
around the world. The only bank-developed identity authentication
system, IdenTrust provides a legally and technologically interoperable
environment for authenticating and using identities in more than 175
countries. IdenTrust enables end-users to have a single identity that
can be used with any bank, any application, and across any network.
IdenTrust identities are globally interoperable under uniform private
®HID and the HID logo are registered trademarks of HID Global Corp in
the U.S. and/or other countries. All other trademarks, service marks,
and product or service names are trademarks or registered trademarks of
their respective owners.
Jeremy Hyatt, 949-732-2177
Director, Global Public
Source: HID Global