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HID Global Acquires Vizinex RFID

ASSA ABLOY brand HID Global has acquired Vizinex RFID, a key player in the rapidly growing global RFID tag market.

Vizinex RFID provides high-quality standard and custom tags to clients that help create new efficiencies, save money and improve tracking, security and authentication. The company describes its expertise as the delivery of tailor-made RFID tags that are completely integrated into and compatible with different product designs – with applications tailored to suit critical attributes such as shape, dimension, frequency, and environmental tolerance (tolerant to, for example, repeated exposure to adverse temperatures). Tags are manufactured in-house, in the United States, using state-of-the-art, proven processes with short turnaround times.

Björn Lidefelt, EVP and Head of HID Global, says: “Bringing Vizinex into the HID family strengthens our position in the RFID market, especially in North America.

“This strategic acquisition exemplifies our commitment to extending our leadership in the RFID portfolio by providing a comprehensive suite of technology and services to customers across key markets.”

“Acquiring Vizinex is well aligned with HID Global Identification Technologies’ strategy of expanding our product offering, which with Vizinex now also will include a RFID product platform based on PCBA technology. In addition, it will increase our presence in key vertical markets as well as add complementary tag manufacturing footprint in the United States”, adds Marc Bielmann, SVP and Head of IdentificationTechnologies, HID Global. “This acquisition, along with HID’s recent acquisition of Omni-ID, expands both our technology portfolio offering and our geographic reach as we strengthen our position as the global leader in RFID tag design and manufacturing.”

Founded in 2012, and based in Bethlehem, Pennsylvania, Vizinex RFID is part of HID Global’s Identification Technologies Business Area. The Vizinex offering will merge into HID Global Industrial Smart Components Business Unit and benefit from HID Global’s sales and other global functions.

CAMFIL HVAC Filtration Solutions

Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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