The acquisition of ActivIdentity Corporation has now been completed

17 Dec 2010

The acquisition of ActivIdentity Corporation ("ActivIdentity") has been approved by the shareholders of ActivIdentity. The acquisition has now been completed.

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 42
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 December.