SCM Microsystems and Bluehill ID form Identive Group

Thursday, 07 January, 2010 (Age: 241 days)

SCM Microsystems, a leading provider of solutions for secure access, secure identity and secure exchange, and Bluehill ID, a leading provider of automatic identification and RFID technologies, products, services and solutions, have announced that the transaction to combine their respective businesses has closed.

In accordance with the terms of the Business Combination Agreement, a new corporate

identity has been developed for the combined company that is designed to reflect its core

activities in security and identification technology. Beginning January 4, 2010, SCM

Microsystems, Inc. will start doing business under the name Identive Group. Additionally, Bluehill ID, as a majority-owned subsidiary, will change its name to Identive Group AG and will seek regulatory approval for such change. The individual operating businesses of Identive Group will continue to use their existing brands, which include SCM Microsystems, Hirsch, Multicard, TagStar Arygon, Syscan and ACiG Technology.

Category: Biometrics, RFID, Smart Cards, Data Collection