Austin-based HID Global acquires New Mexico tech company

Feb 11, 2014
Austin American Statesman

Austin-based technology company HID Global said Monday it has acquired New Mexico-based Lumidigm, a company that makes biometric security products


Based in Albuquerque, Lumidigm was founded in 2001, has 33 employees and expects to have revenue of about $25 million in 2014, according to a news release. The company offers technology focused on identity authentication, using fingerprint sensors and other biometric-based applications. Biometrics refers to the identification of humans by their characteristics or traits


HID Global designs and produces security and identity-authentication technologies, and the acquisition of Lumidigm “will enhance our current strong authentication offerings, especially for health care, financial institutions and other high-security environments,” said HID Global president and CEO Denis Hébert


HID Global announced in late 2012 that it would build its North American operations center in Austin. The city and state offered an estimated $3.5 million in potential tax incentives as part of the deal


HID Global opened that operations center in January and at that time announced that the company’s corporate headquarters were also moving from California to the Austin operations center


Company officials said they expect the operations to be fully operational by the third quarter of 2015. The $35 million facility includes 250,000 square feet of manufacturing, office and warehouse space


HID Global has about 2,100 employees worldwide and has international offices that support more than 100 countries. HID Global is a subsidiary of Assa Abloy, a Swedish supplier and manufacturer of locks


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