SwiftConnect Acquires HID SAFE
Security camera industry news & analysis
NEW YORK, NY. — Connected access network provider SwiftConnect today announces the acquisition of HID’s Workforce Business Unit, including HID SAFE, a platform for “automating identity lifecycle management in the physical world,” according to the joint announcement. The combination of SwiftConnect and HID SAFE “addresses a problem every large organization faces,” the announcement says. SwiftConnect’s AccessCloud platform “connects identity providers, mobile credentials and access control systems across buildings, campuses and portfolios,” according to the joint announcement. HID SAFE “manages the governance layer, automating access requests, approvals, policy enforcement and revocation based on changes in HR, IT and security systems.” Together, they “deliver a single platform for physical access governance that covers the full arc: who someone is, what they are authorized to access, how they access it and what happens when their role changes,” the announcement says. Why Did SwiftConnect Acquire HID SAFE? “Access should be invisible for users. They are easily credentialed, they walk in and nothing gets in their way,” says Matt Kopel and Chip Kruger, co-CEOs of SwiftConnect, in the joint announcement. “The addition of HID SAFE enables governance that makes this possible. The policies, approvals and compliance requirements will now all live in the same platform as the experience. “Every person will get exactly the access they are entitled to and just tapping to access buildings, doors, floors and resources will be effortless,” they say. “HID SAFE has earned the trust of the world’s most security-driven organizations for more than two decades,” says Björn Lidefelt, executive vice president and head of HID, in the joint announcement. “Great technology deserves the space to reach its full potential, and SwiftConnect is the right partner to take it there.” For existing SwiftConnect customers, the acquisition “delivers enterprise-grade physical access governance capabilities natively integrated with AccessCloud,” according to the joint announcement. For existing HID SAFE customers, “their governance platform is now backed by SwiftConnect’s cloud-first, connected access infrastructure that networks existing physical access systems with cloud, identity and mobile technologies.” Shane Butler, executive vice president of identity at SwiftConnect, has recently joined the company to lead the SAFE business and drive the evolution in physical access governance, the announcement says. “This acquisition accelerates the modernization of SAFE by delivering it via our connected access network so organizations can manage physical and digital access through the same governance, risk and compliance lens,” he says. “This is the moment when these two worlds will finally speak the same language, and being a part of this industry transformation is precisely why I joined SwiftConnect.” The transaction “builds on HID’s prior participation in SwiftConnect’s Series B funding round,” according to the joint announcement. HID will hold a minority, non-controlling interest in SwiftConnect following close. SwiftConnect is an independent company, controlled and managed by its existing leadership team. The post SwiftConnect Acquires HID SAFE appeared first on Security Sales & Integration.
Source: Security Sales & Integration
