Acquisition supports commitment to market leadership in smart card technology
IRVINE, CA., March 15, 2007 – HID Global, a leading manufacturer inthe access control industry and part of ASSA ABLOY's Global TechnologiesDivision, announced that it has acquired Integrated Engineering (IE), theAmsterdam-based contactless smart card reader manufacturer. IntegratedEngineering is known for developing high quality contactless smart cardsolutions including MIFARE/DESFire products and solutions for security,identification, e-Passport and e-Payment applications. As the first companyto offer a PIV-compliant reader, IE's innovative engineering capabilities,product quality and rapid time to market are well known throughout theindustry.
With the addition of IE's flexible platform of MIFARE-based readers,HID Global is now uniquely positioned to respond to the growing market needfor 13.56 MHz technology products. As the adoption of contactless smartcard technology for access control accelerates, corporations, universities,and government agencies are taking advantage of the opportunity toimplement additional applications such as logical access, parking control,time and attendance, and biometric verification. 13.56 MHz smart cardtechnologies have become the primary vehicle for delivering this expandedfunctionality.
IE's MIFARE production platform augments HID's market-leading,flexible, open iCLASS® product line, clearly asserting the company'scommitment to support 13.56 MHz technologies. Taken together, the company'sofferings comprise the industry's broadest range of open standardcontactless smart card products, available from over 40,000 resellersworldwide.
"We look forward to combining HID Global's manufacturing resourceswith IE's talented technical and management teams to make the company'scapabilities available to a broader base of customers worldwide," saidSteve Wagner, chief operating officer, HID Global. "Our operationalcompetencies should enable us to lower our customer's cost of doingbusiness with IE."
"By adding this leading brand in contactless smart card technology,HID Global has acted on its commitment to provide leadership in 13.56 MHztechnologies, including MIFARE," said Denis Hébert, president and CEO, HIDGlobal.