Assa Abloy agrees to sell HID’s PKI unit to Vista Equity Partners

Assa Abloy has agreed to sell HID's PKI business to Vista Equity Partners. The digital identity and authentication business generated approximately SEK 570 million (USD 58 million) in 2025 sales with a strong operating margin. Completion is expected in the fourth quarter of 2026, subject to customary conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Assa Abloy AB published the original content used to generate this news brief via Cision (Ref. ID: 202610161200BITN____UKPR__SV_20261016-BIT-4606-0) on October 16, 2026, and is solely responsible for the information contained therein. (C)