O’Melveny Advises HID Global in Acquisition of Quantum SecureMarch 26, 2015
SILICON VALLEY - March 26, 2015 - O’Melveny & Myers LLP represented HID Global, a worldwide leader in providing secure identity solutions, in its acquisition of Quantum Secure, a leading provider of software solutions for managing identities, access compliance and provisioning access within physical security infrastructure. The acquisition, which the company announced today, complements and extends HID Global’s existing identity management portfolio.
Partner David Makarechian led the team for HID Global with Silicon Valley counsel Tim Hagen and associate Hilary St. Jean. Partner Ted Kassigner led the team handling regulatory issues in Washington DC, with associate Brian Reichart.
About O’Melveny & Myers LLP
With approximately 700 lawyers in 15 offices worldwide, O’Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com.
The following press release was issued by HID Global:
HID Global Acquires Quantum Secure
• Acquisition complements and extends HID Global’s existing identity management portfolio
• Quantum Secure’s application driven software solution helps customers meet identity management and compliance requirements
Austin, Texas – March 26, 2015 - HID Global, a worldwide leader in secure identity solutions, today announced that it has acquired Quantum Secure, a leading provider of software solutions for managing identities, access compliance and provisioning access within physical security infrastructure. With this acquisition, HID Global will enhance its ability to deliver an end-to-end identity management solution.
Quantum Secure’s SAFE software suite provides a single, fully interoperable and integrated physical security policy platform to manage secure identities, compliance and operational analytics across multiple sites and systems. Using this platform, customers are able to reduce operational costs and the risk profile of the organization as well as foster compliance with regulations across disparate security infrastructure.
“With the acquisition of Quantum Secure, HID Global is taking a significant step in addressing customer needs in managing identity, risk and compliance. The company has been at the forefront in delivering a versatile management tool for all organizations, especially those in highly-regulated industries such as finance and healthcare with demanding compliance requirements,” said Denis Hébert, HID Global president and CEO. “Going forward, the combination of Quantum Secure’s SAFE software suite with HID’s product portfolio will deliver ever better and more comprehensive solutions for our customers.”
“The growing need for compliance and risk management for a diverse set of identities will have to be satisfied by intelligent, predictive data analysis and related process automation in a global security environment. By bringing together HID Global’s best-in-class technologies, its global reach and Quantum Secure’s software suite, this acquisition will help customers mitigate risk and ensure compliance,” said Ajay Jain, Quantum Secure’s CEO.
Quantum Secure, founded in 2004, is headquartered in San Jose, California.
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About HID Global
HID Global is the trusted source for innovative products, services, solutions, and know-how related to the creation, management and use of secure identities for millions of customers around the world. The company’s served markets include physical and logical access control, including strong authentication and credential management; card printing and personalization; visitor management systems; highly secure government and citizen ID; and identification RFID technologies used in animal ID and industry and logistics applications. The company’s primary brands include ActivID®, EasyLobby®, FARGO®, IdenTrust®, LaserCard®, Lumidigm®, and HID®. Headquartered in Austin, Texas, HID Global has over 2,200 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.
About Quantum Secure, Inc.
Quantum Secure’s SAFE software suite provides a single, fully interoperable and integrated physical security policy platform to manage and streamline secure identities, compliance, and operations across multiple sites and systems. Quantum Secure’s customers include both commercial and government organizations such as the U.S. Department of Energy, the U.S. Department of Health and Human Services, Oracle Corporation, The New World Trade Center, Adobe Systems, NVidia, United Health Group, AMD, AT&T, eBay, Visa, SMU, PG&E, Juniper Networks, Symantec Corporation, San Francisco International Airport and the Toronto Pearson International Airport. For more information, visit http://www.quantumsecure.com/.
HID and the HID logo are trademarks or registered trademarks of HID Global in the U.S. and/or other countries. All other trademarks, service marks, and product or service names are trademarks or registered trademarks of their respective owners.
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