HID Global may acquire Mercury Security to strengthen its physical access control portfolio
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....Read More
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