Flexible Electronics News

ASSA ABLOY Acquires Lumidigm in the U.S.

Company is a specialist in biometrics

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ASSA ABLOY announced that it has acquired U.S.-based Lumidigm. Lumidigm was founded in 2001 and has 33 employees. The head office is located in Albuquerque, NM. Sales are expected to reach US $25 million (approximately SEK 160 million) in 2014. “Lumidigm is an important technological addition to the ASSA ABLOY Group. The company complements our current offering within the rapidly growing biometric segment. The acquisition of Lumidigm considerably enhances the Group’s position within biometric...

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