Contactless Smart Cards, RFID, Payment, Transit and Security

Identive Group acquires RockWest

Wednesday, March 31, 2010

The Identive Group, formerly SCM Microsystems, Hirsch Electronic and Bluehill ID, announced that it has entered into an agreement to acquire RockWest Technology Group, a privately-held identification and security solutions provider.

RockWest provides ID management solutions and services to the education, government, corporate, casino and health care markets in the southwest region of the U.S. The company was founded in 1999 and is based in Denver, with branch offices in California, Arizona and New Mexico, employing 43 people.

RockWest’s focus on ID issuance and personalization and ID system integration complements Identive Group’s Identity Management Solutions & Services business. Following the transaction, RockWest will be integrated into Identive’s Multicard business and provide a portal for Multicard’s entry into the U.S. marketplace.

The primarily stock-based transaction is expected to close in Q2 2010 and to be accredited to earnings in FY 2010. [end] 

Related Articles
Identive forms converged access ID product group

Identive Group Inc. has formed a new product group within its business structure to provide services for integrated access control. This Converged Access group will build on technology designed for Identity as a Service/SaaS products like idOnDemand, as well as work with Identive’s products in the network access smart reader technology field.

read more »
Hirsch’s certification enables greater convergence

Hirsch Identive announced that its Velocity Access Control and Security Management software has been tested and verified to be compliant with the IF-MAP computing standard by the international industry standards organization, Trusted Computing Group.

read more »
Identive provides more smart card readers for Spanish electronic ID program

Identive Group has shipped an additional 122,000 smart card readers to support Spain’s national electronic ID card program which the government launched in 2009. More than half of Spain’s 46 million citizens now carry the ID cards.

read more »
Codebench, Hirsch integrate software

Codebench Inc. and Hirsch Identive announced the integration of Codebench’s PIVCheck Plus software with Hirsch Identive’s Velocity Management Software, which aims to provide federal government and commercial customers with a solution for identity validation, authentication and PACS registration using mobile handheld devices.

read more »
Multicard to supply multi-functional credentials for Henkel

Multicard, a unit of Identive Group that supplies credential, identity management and system integration services, has signed a contract with global consumer products company Henkel to provide a global multi-function identity credential service card to Henkel employees.

read more »
Identive acquires majority stake in German cashless payment provider

Identive Group Inc. has announced a deal to acquire a majority stake in Hamburg, Germany-based payment solution AG, a cashless payment system provider for stadiums, arenas and other types of entertainment venues.

read more »

↓Ads by AVISIAN↓
Subscribe to the Contactless News Library
Gain access to the largest collection of Auto-ID analysis on the Internet.
Copyright © 2012, AVISIAN, Inc. All rights reserved.