December 16, 2010 18:39 ET

The acquisition of ActivIdentity Corporation has now been completed

STOCKHOLM, SWEDEN--(Marketwire - December 16, 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.

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.

Press release PDF:

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: ASSA ABLOY via Thomson Reuters ONE


Contact Information

  • 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