View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
March 30, 2010

Identive Group to acquire RockWest Technology

To expand its ID management offerings

By CBR Staff Writer

SCM Microsystems d/b/a Identive Group, a provider of products, services and offerings for the security, identification and RFID industries, has entered into an agreement to acquire privately held identification and security offerings provider RockWest Technology Group.

RockWest was founded in 1999 and is based in Denver, Colorado, with branch offices in California, Arizona and New Mexico, employing 43 people. It provides ID management offerings and services to the education, government, corporate, casino and healthcare markets in the southwest region of the US.

Upon completion of the transaction, RockWest will be integrated into Identive’s Multicard business and provide a portal for Multicard’s entry into the US Marketplace.

Ayman Ashour, chairman and CEO of Identive Group, said: RockWest is solid and profitable, with an experienced management team. The company has built an impressive portfolio of ID and security offerings, including a number of unique applications that it has worked closely with its customers to develop.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

The addition of RockWest to Identive Group demonstrates the continued execution of our buy, build and grow strategy. RockWest’s strong regional presence and the experienced team around George Levy provide an ideal base from which to launch and build our Multicard brand in the US and further expand our identity management and solutions offering.

The primarily stock-based transaction is expected to close in Q2 2010 and to be accretive to Identive’s earnings in FY 2010.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU