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Stock impact report

TOPPAN HOLDINGS ACQUIRES HID CITIZEN IDENTITY SOLUTIONS [Yahoo! Finance]

TOPPAN HLDGS S/ADR (TOPPY) 
NASDAQ:AMEX Investor Relations: toppan.co.jp/english/ir/index.html
Company Research Source: Yahoo! Finance
SINGAPORE Oct. 18, 2024 /PRNewswire/ -- The acquisition will firmly establish TOPPAN as one of the largest leaders in security and identity solutions, expanding its global footprint and portfolio of advanced secure technology and expertise. At the forefront of secure government identity solutions, HID's CID business comes with over 20 years of experience delivering innovative technologies to more than 50 countries worldwide. The business has differentiated itself over time through its vertically integrated platforms present in every major continent. "HID's CID business has proven capabilities in delivering secure identity solutions, which accelerates the expansion of TOPPAN's global operations," said Jean-Pierre Ting , President of TOPPAN Gravity. "The combination of our experienced teams, shared cultural values, strong track records and complementary technology will create a formidable force in the global government identity sector." TOPPAN and HID believe that the US$10 bil Show less Read more
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