The USA-based worldwide leader in trusted identity solutions, HID Global, acquired Janam Technologies. The company announced the acquisition on December 27, 2022. However, it did not disclose the financial details pertaining to the transaction.
Purpose of acquisition by HID Global
With the latest acquisition of Janam Technologies, HID further consolidates its presence and relevance as a provider of smart credential issuance and reader solutions. Moreover, the purchase advances HID’s stature in the event access segment, as Janam offers a suite of rugged mobile readers, such as handheld devices and pedestal & kiosk products for venue access.
As part of the deal, HID also continues to support Janam’s ongoing business in rugged mobile computing solutions.
What the HID Global officials have to say
Marc Bielmann, SVP and Head of Identification Technologies, HID, said, “Joining forces with Janam is an important step in advancing HID’s Identification Technologies presence in the venue access vertical to be more comprehensive and convenient. This acquisition, along with our growing portfolio of RFID and NFC tickets, e-wallet capabilities, fixed & handheld readers, and related services, provides event organizers with a comprehensive venue access solution to make the fan experience more seamless and secure.”
In addition, Björn Lidefelt, EVP and Head of HID, said, “We welcome Janam to the HID family and look forward to leveraging their mobile reader technology to improve the event experience for millions of spectators around the world. As digital tickets become more omnipresent, we will continue our commitment to offering best-in-class venue access products for event organizers and venues of all shapes and sizes.”
What the Janam Technologies official has to say
Harry Lerner, CEO & Co-Founder of Janam Technologies, further said, “Janam’s mobile solutions are a logical extension of HID’s broad footprint in the rapidly evolving world of identifying and certifying people and assets, and we are thrilled to build on our tradition of innovation, speed and customer advocacy as part of one of the most highly respected companies in our industry.”
About Janam Technologies
Harry B Learner serves as the Chief Executive Officer of the company launched in 2006. Janam operates as an IT company that provides custom wireless solutions to enhance connectivity as well as engineering and consulting services. The company has headquarters in Woodbury, New York, USA. Janam’s contactless access solutions support some of the largest and most important events in the biggest venues in the world, for instance, the recent FIFA World Cup 2022 in Qatar. HID served as the smart ticketing producer for the same.
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