AUSTIN, Texas--(BUSINESS WIRE)--HID Global®, a worldwide leader in trusted identity solutions, today announced that it has acquired Placard, the largest manufacturer of secure cards in Australasia. The acquisition will enhance HID’s presence in the region.
As a market-leader in government, financial, transportation, retail, and enterprise sectors across the Pacific market, Placard produces a range of cards, including driver’s licenses, health insurance cards and a variety of government IDs. The company also specializes in bank cards, retail loyalty cards, monetary gift cards, cards for public transportation and other cards used for enterprise applications.
“Placard’s large installed base of customers in the Australasia region demonstrates the continued strength of secure cards and their relevance in the lives of millions of people every day,” said Stefan Widing, President and CEO with HID Global. “Adding Placard to the HID portfolio would expand our value-add services and enhance our capabilities for trusted identities, while striking the balance between offering a broad range of card solutions and providing customers with the choice of digital IDs as the next wave of the future.”
Placard supports the end-to-end experience of customers’ card programs by offering a comprehensive suite of services, including in-house design, printing, manufacture, personalization and distribution services. Placard’s secure manufacturing and bureau facilities are accredited to the highest level by Visa, MasterCard, China Union Pay and American Express.
“Becoming part of HID Global will add innovative technology to Placard’s offerings, expanding our ability to serve customers in the Australasia region,” said Chris Nunis, CEO of Placard. “HID’s global resources, expertise and exciting vision is complementary to our focus on providing high-quality cards and services for a wide array of use cases. This next step with HID is a perfect fit in our evolution.”
Placard will become a part of HID’s Identification Technologies business area, which is led by Marc Bielmann, Vice President and Managing Director.
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About HID Global
HID Global powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people around the world use HID products and services to navigate their everyday lives, and over 2 billion things are connected through HID technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet. Headquartered in Austin, Texas, HID Global has over 3,000 employees worldwide and operates international offices that support more than 100 countries. HID Global® is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.
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