HID Global Acquires Placard, Australia’s Largest Secure Card Manufacturer
Summary
AUSTIN, Texas--(BUSINESS WIRE)--HID Global®, a worldwide leader in trusted identity solutions, today announced that it has acquired Placard, the largest manufacturer of secure cards in Australasia. “Placard’s large installed base of customers in the Australasia region demonstrates the continued strength of secure cards and their relevance in the lives of millions of people every day,” said Stefan Widing, President and CEO with HID Global. Placard’s secure manufacturing and bureau facilities are accredited to the highest level by Visa, MasterCard, China Union Pay and American Express. “Becoming part of HID Global will add innovative technology to Placard’s offerings, expanding our ability to serve customers in the Australasia region,” said Chris Nunis, CEO of Placard. This next step with HID is a perfect fit in our evolution.” Placard will become a part of HID’s Identification Technologies business area, which is led by Marc Bielmann, Vice President and Managing Director.