Acquisition broadens HID’s offering of readers and credentials, fuels geographic expansion
AUSTIN, Texas, January 8, 2025 – HID, a worldwide leader in trusted identity solutions, today announced it has signed an agreement to acquire 3millID Corporation and Third Millennium Systems Ltd. The addition of 3millID and Third Millennium expands HID’s physical access control portfolio of readers and credentials with new products in complementary geographies.
“Welcoming 3millID and Third Millennium into the HID family demonstrates our continued investment in core physical access control technologies,” said Björn Lidefelt, EVP and Head of HID. “This acquisition brings new opportunities to increase customer choice and relevance within our portfolio and it enhances our presence outside of the United States.”
Founded in 2015 and headquartered in Highlands Ranch, Colorado, 3millID is a leading solutions provider of proprietary access control readers and technology-enabled products to enterprise end customers in North America. Third Millennium, founded in 1996 and based in Wales, is a leading provider of access control solutions and software to enterprise and government end customers in the UK and Europe, with robust in-house technology expertise. Since 2015, the two companies have had a commercial partnership, encompassing technology development and sales.
Martin Huddart, SVP and Head of Physical Access Control Solutions, HID, said, “We look forward to welcoming the 3millID and Third Millennium teams into HID PACS. The commercial and technical expertise of these two companies expands our relevance and product range, resulting in a better ability to serve our collective customers across the globe.”
Both 3millID and Third Millennium are now part of HID’s Physical Access Control Solutions Business Area and will benefit from HID’s sales and other global functions to support its offering.
The acquisition is subject to customary closing conditions and is expected to close in the first quarter of 2025.
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About HID
HID powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people around the world use HID products and services to navigate their everyday lives, and billions of things are connected through HID technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet. Headquartered in Austin, Texas, HID has over 4,500 employees worldwide and operates international offices that support more than 100 countries. HID is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.
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HID
Matt Winn