Acquisition increases the company's asset tracking tag portfolio
SAO PAULO, BRAZIL, May 19, 2022 /EINPresswire.com/ -- The acquisition increases the company's asset tracking tag portfolio, which
now also includes an RFID product platform based on printed circuit board assembly (PCBA) technology.
AUSTIN, Texas, May 17, 2022 – HID Global, the world leader in trusted identity solutions, today announced that it has acquired Vizinex RFID. The acquisition increases HID Global's presence and relevance in key vertical markets, including healthcare, manufacturing,
oil and gas, data centers, etc. and adds important technology to HID Global's industry-leading RFID tag portfolio."Bringing Vizinex into hid's family strengthens our position in the RFID market, especially in the United States," said Björn Lidefelt, Executive Vice President and Head of HID Global. "This strategic acquisition exemplifies our commitment to extending our leadership in the RFID portfolio by providing a comprehensive set of technology and services to customers in key markets."
The acquisition enhances HID Global's position in the rapidly growing RFID tag market as Vizinex RFID provides custom tags and a high-quality standard for customers who help create new efficiencies, save money and improve tracking, security, and authentication. Vizinex's expertise is especially in providing bespoke RFID tags, fully integrated and compatible with different product designs. Applications can be adapted to meet critical attributes such as shape, size, frequency, and environmental tolerance (tolerance to, for example, repeated exposure to adverse temperatures). Labels are manufactured in the United States, using proven state-of-the-art processes and short response times.
"The acquisition of Vizinex is in line with HID Global's identification technology strategy to expand our product offering, which will now include an RFID product platform based on PCBA technology. In addition, it will increase our presence in key vertical markets, as well as add a complementary label manufacturing presence in the United States," said Marc Bielmann, senior vice president and head of identification technologies at HID Global. "This acquisition, along with HID's recent acquisition of Omni-ID, expands our technology portfolio and geographic reach as we strengthen our position as a global leader in RFID label design and manufacturing."
Founded in 2012 and headquartered in Bethlehem, Pennsylvania, Vizinex RFID is now part of HID Global's Identification Technologies division, led by Bielmann. Vizinex's offer will be incorporated into the Component Business Unit

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