HID Global acquires Codebench to uncover new market opportunities for identity verification
HID Global has announced that it has acquired physical security identity management solutions provider Codebench.
HID Global provides secure identity solutions and Codebench’s work is focused primarily on providing solutions to the government sector. Codebench is the developer of the Federal Information Processing Standard Publication 201 (FIPS 201) -certified PIVCheck software suite. The terms of the deal were not disclosed.
“This acquisition further strengthens the Genuine HID value proposition while expanding our award-winning solutions for creating, using and managing identity,” HID Global president and CEO Denis Hébert said. “The Codebench acquisition brings key integration capabilities while reinforcing and enhancing our mutual relationships with customers and OEM partners. Additionally, this acquisition positions us for a number of new market opportunities, including extending federal identity technology into the commercial sector, and moving our PKI strong authentication offering beyond the desktop to the door.”
The Codebench offering joins HID Global’s federal identity portfolio and will enable the company to give customers the right tools to upgrade their existing physical access control system in accordance with FIPS-201 guidelines for personal identity verification (PIV).
According to the company, Codebench’s integration capability is a particularly important element for delivering end-to-end, field-tested solutions. The addition of Codebench’s portfolio will also enhance HID Global’s capability to offer Transportation Worker Identification Card solutions and to extend these capabilities into HID’s identity assurance Card Management System.
HID also suggests this fresh acquisition will enable it to better serve the emerging market for commercial identity verification (VIC) using the same technologies as PIV for broader applications, across many professional disciplines.
“We are very pleased to join the HID Global organization,” Codebench CEO Geri Castaldo said. “Our two companies’ combined offering is unparalleled in its breadth and comprehensiveness for federal and government users as well as commercial applications that require the highest levels of security. The combination of our portfolios plus HID Global’s scale and channel strength also positions us for new market opportunities that neither company could have pursued individually in the near term.”
Article Topics
access control | government | identification | identity management | identity verification | security
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