TOPPAN HOLDINGS ACQUIRES HID CITIZEN IDENTITY SOLUTIONS
TOPPAN Holdings Inc. (TYO: 7911) has announced a definitive agreement to acquire HID's Citizen Identity Solutions (CID) business from HID Global This acquisition will establish TOPPAN as a major leader in security and identity solutions, expanding its global footprint and portfolio. HID's CID business has over 20 years of experience in delivering innovative technologies to more than 50 countries worldwide.
The acquisition is set in the context of a US$10 billion global government identity sector with strong fundamentals, including the growth of mobile IDs and Digital Travel Credentials. TOPPAN views this move as a strategic expansion into new markets and an enhancement of its capabilities and offerings to clients.
Jean-Pierre Ting, President of TOPPAN Gravity, highlighted the complementary nature of the two companies' technologies and expertise. Chee Tong Yeo, President & CEO of TOPPAN NEXT, emphasized the strengthened position of TOPPAN as an industry leader offering a wider range of end-to-end government identity solutions.
TOPPAN Holdings Inc. (TYO: 7911) ha annunciato un accordo definitivo per acquisire il business Citizen Identity Solutions (CID) di HID da HID Global. Questa acquisizione farà di TOPPAN un leader di settore nelle soluzioni di sicurezza e identità, espandendo la sua presenza globale e il portafoglio. Il business CID di HID vanta oltre 20 anni di esperienza nella fornitura di tecnologie innovative in più di 50 paesi nel mondo.
L'acquisizione si inserisce in un contesto di 10 miliardi di dollari nel settore globale dell'identità governativa con fondamentali solidi, tra cui la crescita delle identità mobili e delle credenziali digitali di viaggio. TOPPAN considera questa mossa come un'espansione strategica in nuovi mercati e un potenziamento delle sue capacità e offerte per i clienti.
Jean-Pierre Ting, Presidente di TOPPAN Gravity, ha sottolineato la natura complementare delle tecnologie e dell'esperienza delle due aziende. Chee Tong Yeo, Presidente e CEO di TOPPAN NEXT, ha evidenziato la posizione rafforzata di TOPPAN come leader di settore offrendo una gamma più ampia di soluzioni governative per l'identità end-to-end.
TOPPAN Holdings Inc. (TYO: 7911) ha anunciado un acuerdo definitivo para adquirir el negocio de Citizen Identity Solutions (CID) de HID de HID Global. Esta adquisición establecerá a TOPPAN como un líder importante en soluciones de seguridad e identidad, expandiendo su presencia global y su cartera. El negocio CID de HID cuenta con más de 20 años de experiencia en la entrega de tecnologías innovadoras a más de 50 países en todo el mundo.
La adquisición se realiza en el contexto de un sector global de identidad gubernamental de 10 mil millones de dólares con fundamentos sólidos, incluyendo el crecimiento de las identificaciones móviles y las credenciales digitales de viaje. TOPPAN ve este movimiento como una expansión estratégica hacia nuevos mercados y una mejora de sus capacidades y ofertas para los clientes.
Jean-Pierre Ting, Presidente de TOPPAN Gravity, destacó la naturaleza complementaria de las tecnologías y experiencia de ambas empresas. Chee Tong Yeo, Presidente y CEO de TOPPAN NEXT, enfatizó la posición fortalecida de TOPPAN como líder en la industria que ofrece una gama más amplia de soluciones de identidad gubernamental de extremo a extremo.
TOPPAN Holdings Inc. (TYO: 7911)은 HID Global로부터 HID의 시민 신원 솔루션(CID) 사업을 인수하는 최종 계약을 발표했습니다. 이번 인수를 통해 TOPPAN은 보안 및 신원 솔루션 분야의 주요 리더로 자리매김하며 글로벌 입지와 포트폴리오를 확장하게 됩니다. HID의 CID 사업은 전 세계 50개국 이상에서 혁신적인 기술을 제공하는 20년 이상의 경험을 보유하고 있습니다.
이번 인수는 100억 달러 규모의 글로벌 정부 신원 부문의 맥락에서 이루어지며 모바일 ID와 디지털 여행 자격증의 성장 등 강력한 기초를 가지고 있습니다. TOPPAN은 이번 결정을 새로운 시장으로의 전략적 확장으로 보고 있으며, 고객에 대한 능력 및 제공의 향상을 기대하고 있습니다.
Jean-Pierre Ting, TOPPAN Gravity의 사장은 두 회사의 기술과 전문성이 보완적임을 강조했습니다. Chee Tong Yeo, TOPPAN NEXT의 사장 겸 CEO는 정부 신원 솔루션의 폭넓은 범위를 제공하는 산업 리더로서 TOPPAN의 강화된 입장을 강조했습니다.
TOPPAN Holdings Inc. (TYO: 7911) a annoncé un accord définitif pour acquérir l'activité Citizen Identity Solutions (CID) de HID d'HID Global. Cette acquisition fera de TOPPAN un acteur majeur dans les solutions de sécurité et d'identité, en élargissant son empreinte mondiale et son portefeuille. L'activité CID de HID a plus de 20 ans d'expérience dans la fourniture de technologies innovantes dans plus de 50 pays à travers le monde.
L'acquisition se situe dans le contexte d'un secteur de l'identité gouvernementale mondial de 10 milliards de dollars avec des fondamentaux solides, y compris la croissance des identités mobiles et des certificats de voyage numériques. TOPPAN considère ce mouvement comme une expansion stratégique vers de nouveaux marchés et une amélioration de ses capacités et offres pour ses clients.
Jean-Pierre Ting, Président de TOPPAN Gravity, a souligné la nature complémentaire des technologies et de l'expertise des deux entreprises. Chee Tong Yeo, Président et CEO de TOPPAN NEXT, a souligné la position renforcée de TOPPAN en tant que leader du secteur offrant une gamme plus large de solutions gouvernementales pour l'identité de bout en bout.
TOPPAN Holdings Inc. (TYO: 7911) hat einen vorläufigen Vertrag zur Übernahme des Bürgeridentitätslösungs (CID) Geschäfts von HID von HID Global bekannt gegeben. Diese Akquisition wird TOPPAN als wichtigen führenden Anbieter im Bereich Sicherheits- und Identitätslösungen etablieren und seine globale Präsenz sowie das Portfolio erweitern. Das CID-Geschäft von HID verfügt über mehr als 20 Jahre Erfahrung in der Bereitstellung innovativer Technologien in über 50 Ländern weltweit.
Die Übernahme erfolgt im Kontext eines globalen Regierungsidentitätssektors von 10 Milliarden US-Dollar mit soliden Fundamentaldaten, einschließlich des Wachstums mobiler IDs und digitaler Reisewaldkarten. TOPPAN sieht diesen Schritt als strategische Expansion in neue Märkte und als Verbesserung seiner Fähigkeiten und Angebote für Kunden.
Jean-Pierre Ting, Präsident von TOPPAN Gravity, hob die komplementäre Natur der Technologien und Fachkenntnisse der beiden Unternehmen hervor. Chee Tong Yeo, Präsident und CEO von TOPPAN NEXT, betonte die gestärkte Position von TOPPAN als Branchenführer, der ein breiteres Spektrum an End-to-End-Lösungen für die Regierungsidentität anbietet.
- Acquisition of HID's CID business establishes TOPPAN as a major leader in security and identity solutions
- Expands TOPPAN's global footprint and portfolio of advanced secure technology
- Targets the US$10 billion global government identity sector with strong growth potential
- Enhances TOPPAN's capabilities in mobile IDs and Digital Travel Credentials
- Strengthens TOPPAN's position to offer a wider range of end-to-end government identity solutions
- None.
The acquisition will firmly establish TOPPAN as one of the largest leaders in security and identity solutions, expanding its global footprint and portfolio of advanced secure technology and expertise.
At the forefront of secure government identity solutions, HID's CID business comes with over 20 years of experience delivering innovative technologies to more than 50 countries worldwide. The business has differentiated itself over time through its vertically integrated platforms present in every major continent.
"HID's CID business has proven capabilities in delivering secure identity solutions, which accelerates the expansion of TOPPAN's global operations," said Jean-Pierre Ting, President of TOPPAN Gravity. "The combination of our experienced teams, shared cultural values, strong track records and complementary technology will create a formidable force in the global government identity sector."
TOPPAN and HID believe that the
"HID has built a remarkable citizen identity business," said Chee Tong Yeo, President & CEO of TOPPAN NEXT, the parent company of TOPPAN Gravity. "This acquisition strengthens TOPPAN's position as an industry leader, offering a wider range of end-to-end government identity solutions. We're excited about the new opportunities this will create for our clients and look forward to working with teams across both HID CID and TOPPAN Gravity."
For media queries, please contact:
Kenny Yeo
kennyyeo@toppannext.com
SVP, Group Brand & Marketing
TOPPAN NEXT
About TOPPAN Holdings Inc.
TOPPAN Holdings inc. is a leading and diversified global provider committed to delivering sustainable, integrated solutions in fields including printing, communications, security, packaging, décor materials, electronics, and digital transformation. The TOPPAN Group's global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges of every business sector and society and contribute to the achievement of shared sustainability goals.
TOPPAN Holdings wholly owns TOPPAN NEXT, which in turn wholly owns TOPPAN Gravity.
For more information, please visit www.holdings.toppan.com/en.
About HID and HID's CID Business Area
HID Global Corporation is an ASSA ABLOY brand and a prominent provider of secure identity solutions, recognized for its comprehensive product range and expertise in the identity management industry. HID's CID (Citizen Identity Solutions) business area is wholly owned by HID that specializes in government ID solutions, delivering an integrated approach that spans the entire identity lifecycle.
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SOURCE TOPPAN NEXT PTE. LTD.
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