HID has signed an agreement to acquire 3millID Corporation and Third Millennium Systems Ltd., expanding its physical access control portfolio with complementary products and geographic reach. This move follows HID’s recent strategic acquisitions, including its purchase of IXLA to strengthen its secure credential offerings.
3millID, founded in 2015 and headquartered in Highlands Ranch, Colorado, provides proprietary access control readers and technology-enabled products for enterprise customers in North America. Third Millennium, established in 1996 and based in Wales, delivers access control solutions and software to enterprise and government customers in the UK and Europe. The two companies have maintained a commercial partnership focused on technology development and sales since 2015.
“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.”
The acquisition aligns with broader industry trends, particularly driven by the integration of biometric technologies. HID has been actively expanding its digital identity solutions, recently partnering with companies like Deskbee to implement mobile access technologies in corporate environments.
Following the acquisition, both companies will be integrated into HID’s Physical Access Control Solutions Business Area, leveraging HID’s global functions. “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,” noted Martin Huddart, SVP and Head of Physical Access Control Solutions at HID.
HID, headquartered in Austin, Texas, and part of the ASSA ABLOY Group, employs over 4,500 people worldwide and operates in more than 100 countries. The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions.
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January 23, 2025 – by Ali Nassar-Smith
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