Czech startup Sewio is acquired By HID Global - AIN
Summary
HID Global, a leader in identity solutions, has acquired Sewio, a Czech provider of Ultra-Wideband Real Time Location Systems (RTLS) platforms for asset management, intralogistics, and improved equipment effectiveness. The deal will allow it to expand HIDs RTLS portfolio, particularly in asset tracking in automotive and manufacturing industries. • Two devices make up the hardware: Tags, which are signal transmitters used for asset tracking, and Anchors, which are signal receivers used to receive signals from Tags.The software component consists of a cloud-based software that provides business analytics, including device care and track and trace capabilities, and an all-in-one on-premise platform that facilitates seamless platform setup, maintenance, and control. • HID Global, an American manufacturer of secure identity products, is an independent subsidiary of Assa Abloy, a multinational door and access control conglomerate. With the support of Sewios technology and knowledge, HID will be able to better assist its manufacturing and automotive clients in optimising their smart factory and warehousing operations.
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