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HID Global Announces Agreement to Acquire LUX-IDent to Extend Its Leadership in RFID Technologies

HID Global has signed an agreement to acquire LUX-IDent, a leading provider of radio frequency identification (RFID) components.

AUSTIN, Texas–(BUSINESS WIRE)–HID Global®, a worldwide leader in trusted identity solutions, today announced that it has signed an agreement to acquire LUX-IDent, a leading provider of radio frequency identification (RFID) components, based in Lanskroun, Czech Republic. The acquisition extends HID’s market leadership in RFID technology and strengthens its presence in Central and Eastern Europe.

“Our proven leadership in RFID technology positions HID as a premier source of components for a wide variety of RFID use cases and IoT applications. The acquisition of LUX-IDent further optimizes our portfolio with more ways to offer customization in both large and small volume projects,” said Stefan Widing, President and CEO of HID Global. “Expanding our presence in Central and Eastern Europe with LUX-IDent will further enhance HID’s ability to serve customers locally while extending our RFID technology into emerging markets.”

LUX-IDent designs and manufactures RFID components such as inlays, prelaminates, smart labels, wristbands, keyfobs, glass transponders and other finished tag products in low frequency (LF), high frequency (HF) including Near Field Communication (NFC) and ultra-high frequency (RAIN® RFID). The company’s primary customers include smart card manufacturers, OEMs and system integrators.

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Source: HID Global Announces Agreement to Acquire LUX-IDent to Extend Its Leadership in RFID Technologies | Business Wire