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News 2026-10-16 16:04 UTC

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. Discla