HID, an Austin, TX-based provider of identity solutions, acquired Janam Technologies, a New York-based provider of handheld mobile computers and readers.
The amount of the deal was not disclosed.
Founded in 2006 and led by Harry Lerner, CEO & Co-Founder, Janam offers a suite of rugged mobile readers, including handheld devices and pedestal & kiosk products for venue access. Thanks to recent partnerships, its products also support advanced tap-and-go NFC features of Apple Wallet and Google Pay.
With the acquisition, HID will enhance its event access portfolio to include handheld readers and mobile pedestals scanning tickets using barcode and RFID technology, including NFC. Janam Technologies is now part of HID Identification Technologies Business Area led by Marc Bielmann. The Janam offering will merge into HID’s Events & Mobility Solutions Business Unit and benefit from HID’s sales and other global functions to support their offering. As part of the transaction, HID will also support Janam’s ongoing business in rugged mobile computing solutions that deliver increased productivity, operational efficiency and customer satisfaction to enterprise customers in retail, healthcare, warehousing, manufacturing, logistics, government and public safety markets.
HID provides products and services to navigate their everyday lives, and billions of things are connected through HID technology. The company works with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet. HID has over 4,500 employees worldwide and operates international offices that support more than 100 countries. The company is an ASSA ABLOY Group brand.
FinSMEs
01/01/2023