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HID Global has signed an agreement to acquire Mercury Security, an OEM supplier of controllers for physical access control. Mercury Security has over three million controllers installed at tens of thousands of sites worldwide. Mercury’s intelligent controllers, interface boards and software perfectly complement HID’s readers, smart cards and mobile IDs for opening doors.

 

HID’s acquisition of Mercury Security is subject to regulatory approval and customary closing conditions. The closing of the deal is expected to happen by Q4 2017. Financial terms of the agreement are not being publicly disclosed.

 

“The acquisition of Mercury Security will advance HID‘s global leadership in the physical access control industry, adding Mercury Security’s high-quality controllers to HID’s product portfolio while extending HID’s installed base of millions of users beyond the readers and smart cards that we are already well known for. Customers of both HID and Mercury Security will benefit from tighter and more seamless integration of controllers with readers and credentials, as well as from our shared vision for an open, flexible approach to access control,” said Stefan Widing, President & CEO, HID Global.

 

Based in Long Beach, California, Mercury Security has built an unrivalled access control product platform. Mercury Security has relationships with nearly all the significant OEM partners and has been working together with HID as a partner for over a decade.

 

Pending the close, the Mercury Security team will report into HID’s Physical Access Control Solutions (PACS) business, which is led by Harm Radstaak, Vice-President & Managing Director.

 

Tags: HID Global, Mercury Security, physical access control portfolio, hid global physical access control portfolio, oem supplier, Stefan Widing ceo hid global, Mercury Security team, varindia

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