Assa Abloy agrees to sell HID's PKI business to Vista Equity Partners

Bitget2026/10/17 09:01

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Assa Abloy AB published the original content used to generate this news brief via PR Newswire (Ref. ID: IO74784) on October 17, 2026, and is solely responsible for the information contained therein.

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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Assa Abloy agrees to sell HID's PKI business to Vista Equity Partners

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