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Assa Abloy has signed an agreement to sell HID's public key infrastructure business to Vista Equity Partners. The unit provides digital trust and identity solutions, including authentication, encryption and certificate management. Sales totaled USD 58 million (approximately SEK 570 million) in 2025, with a strong opera
The unit recorded $58 million in 2025 sales and had a strong operating margin. Closing is subject to customary conditions and is expected in Q4 2026.
The unit had 2025 sales of $58 million and a strong operating margin. Closing is expected in Q4 2026, subject to customary conditions.
ASSA ABLOY has signed an agreement to sell HID’s Public Key Infrastructure business 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. Discla