17 Dec 2010
The acquisition of
ActivIdentity Corporation ("ActivIdentity") has been approved by
the shareholders of ActivIdentity. The acquisition has now been
ActivIdentity's market leadership in intelligent
identity assurance, broad portfolio of complementary credential
management, strong authentication, and security client products and
Professional Services capabilities will complement ASSA ABLOY's HID
Global Business Unit.
ActivIdentity is based in California and has
offices in France, UK, Germany, Sweden, Australia and Japan,
employs 223 people and had a turnover of USD 58 M for the fiscal
year ended September 2010.
Initially, the acquisition will be slightly
dilutive to earnings per share.
For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485
Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8
506 485 72
ASSA ABLOY may be required to disclose the
information provided herein pursuant to the Securities Markets Act.
The information was submitted for publication at 00.30 CET on 17
English (United States)
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