-+ 0.00%
-+ 0.00%
-+ 0.00%
Assa Abloy to Divest HID Unit's Public Key Infrastructure Business
Share
Listen to the news
11:40 PM EDT, 10/18/2026 (MT Newswires) -- Assa Abloy (ASSA-B.ST) agreed to sell the public key infrastructure business of its HID subsidiary, which manufactures secure identity products, to Vista Equity Partners. The Swedish access systems company said Oct. 16 that the PKI unit provides software for digital trust, identity, authentication, encryption and certificate management, including IdenTrust, HydrantID, and ZeroSSL. Completion is expected in the fourth quarter, subject to customary closing conditions.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending