HID
Summary is AI-generated, newsdesk-reviewed
  • HID transfers Workforce Business Unit, including PIAM and Visitor Management, to SwiftConnect.
  • SwiftConnect to enhance identity management capabilities with HID's trusted platforms.
  • HID receives equity in SwiftConnect; transaction closes in Q3 2026.

HID has entered into an agreement to transfer its Workforce Business Unit to SwiftConnect, a company known for its connected access network. This unit encompasses HID's PIAM (HID SAFE) and Visitor Management systems, including HID Visitor Manager and EasyLobby. According to the agreement, this strategic move is aimed at optimising the potential of these platforms through SwiftConnect's expertise in access networks, aligning with the goal of connecting individuals to the appropriate locations at the right times.

"The Workforce Business Unit has been a meaningful part of HID's journey in enabling trusted identity solutions," said Björn Lidefelt, EVP and Head of HID. "Great technology deserves the space to reach its full potential — and SwiftConnect is the right partner to take it there. This is not an ending; it's the beginning of a bolder chapter for these platforms and the people behind them."

Visitor management platforms

SwiftConnect is set to enhance its product development and broaden the market reach of the newly acquired PIAM and visitor management platforms from HID. The company's focused expertise in identity management promises improved capabilities for existing customers and organisations using HID SAFE, Visitor Manager, and EasyLobby solutions. Importantly, current implementations will remain unaffected, with ongoing investments in technological advancements and customer support assured under SwiftConnect's stewardship.

This transaction comes on the heels of HID's involvement in SwiftConnect's Series B funding round

HID SAFE platforms are best-in-class, trusted by some of the world’s most security-conscious organisations, and bringing them together with SwiftConnect’s access network completes a story we’ve been building toward — a single, mobile-first identity experience that runs from policy and provisioning to the door, for employees and visitors alike. This isn’t just an acquisition; it’s an acceleration. We’re inheriting an exceptional team and a customer base that deserves continued investment, and we intend to deliver it across commercial real estate, financial services, life sciences, technology, and beyond,” stated Chip Kruger and Matt Kopel, Co-CEOs of SwiftConnect.

Advancing identity technology

This transaction comes on the heels of HID's involvement in SwiftConnect's Series B funding round, underscoring a partnership based on mutual commitment to advancing identity technologies.

As part of the terms, HID will acquire increased equity in SwiftConnect, gaining a minority, non-controlling interest, indicative of its ongoing trust in SwiftConnect's growth trajectory. The control and management of SwiftConnect will remain with its current leadership and stakeholders, with the transaction anticipated to finalise by the third quarter of 2026, pending customary closing conditions.

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