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HID Global to Acquire Mercury Security, Expanding its Leadership in Access Control

September 19, 2017

FOR IMMEDIATE RELEASE

SILICON VALLEY—September 19, 2017—O’Melveny represented HID Global, a worldwide leader in trusted identity solutions, in its agreement to acquire Mercury Security, an OEM supplier of controllers for physical access control. Mercury’s intelligent controllers, interface boards, and software perfectly complement HID’s industry-leading readers, smart cards, and mobile IDs for opening doors. The acquisition, which is subject to regulatory approval and customary closing conditions, is expected to close by Q4 2017.

The O’Melveny team was led by partner David Makarechian, counsel Tim Hagen, and associates Chris Wheeler and Bhavreet Gill. Partner Heather Meeker, counsel Brian Danella, and associates Tom Oslovar and Courtney Hood provided intellectual property advice. Special counsel Scott Pink advised on privacy and data protection, while partner Bob Fisher and counsel Billy Abbott provided tax advice. Senior counsel Warren Fox along with associates Rebecca Cottrell and Carolyn Tran provided guidance on employee benefits, while partner Eric Amdursky and associate Ramon Ramirez provided labor and employment advice. In addition, partner Eric Zabinski provided advice on insurance matters, and partner Courtney Dyer and associate Allison Smith are providing antitrust guidance.

About O’Melveny

O’Melveny’s clients shape markets, set precedents, and break boundaries. They are stalwarts and innovators, the names you trust, and the next big thing. And for more than a century, O’Melveny has been right beside them, punching through walls and putting up defenses to help our clients achieve their most important goals. With approximately 700 lawyers in 15 offices worldwide guided by the principles of excellence, leadership, and citizenship, we uphold a tradition of treating our clients’ challenges and opportunities as our own. What do you want to achieve? For the answers, please visit www.omm.com.

Contact:

Emily Lattal
O’Melveny & Myers LLP
212.326.2285
elattal@omm.com


The following release was issued by HID Global:

HID Global to Acquire Mercury Security, Expanding its Leadership in Access Control

AUSTIN, Texas, September 19, 2017 -- HID Global®, a worldwide leader in trusted identity solutions, today announced that it has signed an agreement to acquire Mercury Security, an OEM supplier of controllers for physical access control. Mercury Security has over three million controllers installed at tens of thousands of sites worldwide, including at more than 90 of the Fortune 100 companies. Mercury’s intelligent controllers, interface boards and software perfectly complement HID’s industry-leading readers, smart cards and mobile IDs for opening doors.

“The acquisition of Mercury Security will advance HID‘s global leadership in the physical access control industry, adding Mercury Security’s high-quality controllers to HID’s product portfolio while extending HID’s installed base of millions of users beyond the readers and smart cards that we are already well known for,” said Stefan Widing, President and CEO of HID Global. “Customers of both HID and Mercury Security will benefit from tighter and more seamless integration of controllers with readers and credentials, as well as from our shared vision for an open, flexible approach to access control.”

HID’s acquisition of Mercury Security is subject to regulatory approval and customary closing conditions. The closing of the deal is expected to happen by Q4 2017. Financial terms of the agreement are not being publicly disclosed.

Based in Long Beach, California, Mercury Security has built an unrivaled access control product platform. Mercury Security has relationships with nearly all the significant OEM partners and has been working together with HID as a partner for over a decade.

Pending the close, the Mercury Security team will report into HID’s Physical Access Control Solutions (PACS) business, which is led by Harm Radstaak, Vice President and Managing Director. Information about HID’s portfolio of physical access products is available on www.hidglobal.com.

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About HID Global

HID Global 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 over 2 billion 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 Global has over 3,200 employees worldwide and operates international offices that support more than 100 countries. HID Global® is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.

© 2017 HID Global Corporation/ASSA ABLOY AB. All rights reserved. HID, HID Global, the HID Blue Brick logo the Chain Design, are trademarks or registered trademarks of HID Global, ASSA ABLOY AB, or its affiliates(s) in the US and other countries and may not be used without permission. All other trademarks, service marks, and product or service names are trademarks or registered trademarks of their respective owners.

Media Contact:

HID Global
Anthony Petrucci
Senior Director, Corporate Communications & Public Affairs
512-776-9225
apetrucci@hidglobal.com