Monday, July 18, 2016

HID Global Acquires DemoTeller

Austin-based HID Global announced this morning that it has acquired DemoTeller, a company that develops systems that lets financial institutions instantly issue financial or payment cards. FInancial details of the acquisition were not disclosed. HID Global said the buy will specifically help it address the needs of financial institutions and retailers for instant issuance of personalized financial or payment cards, such as "chip" cards.