HID makes strategic acquisition

Janam Technologies has been acquired by HID, a supplier of identity solutions.

According to the companies, the acquisition expands the portfolio of products, solutions and services that it will deploy to customers seeking technology for capturing, using, sharing and managing information at the point of activity.

Janam will belong to HID’s Identification Technologies (IDT) Business Area and more specifically operate as an independent business segment within the Events & Mobility Solutions (EMS) Business Unit. As part of the transaction, HID will support Janam’s ongoing business in mobile computing solutions.

“Janam’s mobile solutions are a logical extension of HID’s broad footprint in the rapidly evolving world of identifying and certifying people and assets and we are thrilled to build on our tradition of innovation, speed and customer advocacy as part of one of the most highly respected companies in our industry,” said Harry Lerner, CEO, Janam Technologies.

“We welcome Janam to the HID family and look forward to leveraging their mobile reader technology to improve the event experience for millions of spectators around the world,” added Björn Lidefelt, Executive Vice President and Head of HID.

“As digital tickets become more omnipresent, we will continue our commitment to offering best-in-class venue access products for event organisers and venues of all shapes and sizes.”