Kudelski sells stake in Polyright

Identive Group, which provides products and services for the security, identification and RFID industries, has aquired Polyright SA, an identity management business for the education and healthcare markets.
Round-up of today's M&A deals


Identive Group, which provides products and services for the security, identification and RFID industries, has aquired Polyright SA, an identity management business for the education and healthcare markets.
Round-up of today’s M&A deals

Identive Group, which provides products and services for the security, identification and RFID industries, has aquired Polyright SA, an identity management business for the education and healthcare markets.

Swiss-based Polyright is involved with the development, installation and maintenance of identity management and cashless payment services integrated with third-party systems such as enterprise resource planning or access control.

‘We are very happy to have found the right partner who will further develop polyright’s activities. Our decision to sell our equity position in Polyright is an outcome of the strategic review of the Kudelski Group activities announced in February 2011,’ says Mauro Saladini, chief financial officer of the Kudelski.

Round-up of today’s M&A deals

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Todd Cardy

Adelbert Swaniawski

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital. Connect with...

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