M&A Activity • Dec 17, 2010
M&A Activity
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17 December 2010 No 22/10
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.
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.
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