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Vancouver-based GuardRFID Acquired by HID Global Corporation, a subsidiary of ASSA ABLOY
Tuesday, March 28, 2023Company Profile | Follow Company
Vancouver-based GuardRFID Acquired by HID to Expand Healthcare Offering, Create Safer Experiences for Patients and Staff
Delta, B.C., BC, March 28, 2023--(T-Net)--Vancouver-based GuardRFID, a leading provider of real-time location services (RTLS) hardware and software solutions in the healthcare space, has been acquired by HID, a worldwide leader in trusted identity solutions.
The addition of GuardRFID expands HID's offering and relevance in the active RFID and RTLS space, including the support for new use cases catered to the needs of healthcare facilities.
Björn Lidefelt, EVP and Head, HID
"Bringing GuardRFID and its innovative RTLS technology into the HID family allows us to enhance our healthcare presence to better protect patients and staff," said Björn Lidefelt, EVP and Head of HID. "As incidents in healthcare facilities continue to rise, these solutions will help providers do what they do best - making their patients feel better, faster."
GuardRFID's suite of active RFID tags, readers, exciters and software support four primary use cases important to the healthcare market, including:
Marc Bielmann, SVP and Head of IdentificationTechnologies, HID
"Incorporating GuardRFID into HID's Identification Technologies grows and reasserts our expansion as a major player in the healthcare industry," said Marc Bielmann, SVP and Head of IdentificationTechnologies, HID. "This acquisition, along with our growing portfolio of RTLS and active RFID solutions, provides new and existing healthcare clients with even more options to protect their patients and staff."
Founded in 2007 and headquartered in Vancouver, Canada, GuardRFID is now part of HID's Identification Technologies Business Area led by Marc Bielmann.
The GuardRFID offering will merge into HID's Internet of Things (IoT) Business Unit and benefit from HID's sales and other global functions to support its offering.
Kerry Brock, President & CRO, GuardRFID
"At GuardRFID we have build a solid reputation for high-quality Healthcare solutions and outstanding service for our customers and partners. We are excited to join the HID team and believe it will enhance our ability to compete and grow our market share in the North American Healthcare market. Having the brand and resources of HID coupled with our solutions will make us a leader in the industry," said Kerry Brock, President & CRO of GuardRFID.
Fasken acted as legal counsel for Guard RFID on the acquisition with a team led by Ally Bharmal (M&A), and included Brock Euper (M&A), Christopher Ross (Tax), HC Lee (Information Technology), Reina Mistry (M&A) and Lorene A. Novakowski (Employment).
About GuardRFID
GuardRFID is a proven expert in real-time location systems (RTLS), driving the next generation of security applications in healthcare environments.
With hundreds of system installations in the healthcare industry, GuardRFID delivers a robust multi-purpose real-time location platform with superior flexibility and scalability.
Designed as a single technology platform, AllGuard contains vital solutions including infant security, staff duress, and wandering patient. Our technology has been proven in some of the most sensitive environments in healthcare facilities.
GuardRFID's universal technology, which is developed and manufactured in-house, provides the broadest selection of active RFID tags, including the smallest and the toughest tags available in the market today.
With our focus on delivering meaningful innovation, GuardRFID has achieved compliance across a full range of standards in the areas of healthcare operations. We have developed specialized expertise and are leaders in active RFID deployment.
Our company recognizes that deploying a real-time location solution is not an out-of-the-box system and we take a results-obsessed approach to serving customers. We assist our customers throughout the product lifecycle. We start by ensuring deployment is done successfully and then we offer best-in-class after sales support.
About HID
HID powers the trusted identities of the world's people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect things that can be identified, verified and tracked digitally.
Millions of people around the world use HID products and services to navigate their everyday lives, and billions of things are connected through HID technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet. Headquartered in Austin, Texas, HID has over 4,500 employees worldwide and operates international offices that support more than 100 countries. HID is an ASSA ABLOY Group brand.
© 2023 HID Corporation/ASSA ABLOY AB. All rights reserved. HID, HID Global, the HID Blue Brick logo, the Chain Logo, GuardRFID, and TotGuard are trademarks or registered trademarks of HID Corporation, ASSA ABLOY AB, or its affiliates(s) in the US and other countries and may not be used without permission.
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Delta (InfoTech)
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