Assa Abloy agrees to sell HID's PKI business to Vista Equity Partners
Bitget2026/10/17 09:01- Assa Abloy has signed an agreement to sell HID's public key infrastructure business to Vista Equity Partners.
- The unit provides digital trust and identity solutions, including authentication, encryption and certificate management.
- Sales totaled USD 58 million (approximately SEK 570 million) in 2025, with a strong operating margin.
- Closing is expected in the fourth quarter of 2026, subject to customary conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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