AUSTIN, Texas — HID Global, a provider of identity solutions, reports it has acquired InvoTech Systems Inc.
The acquisition enhances HID’s advanced textile inventory management systems offering for uniforms, linens, and laundry operations and adds to HID Global’s RFID portfolio.
Terms of the deal were not disclosed.
HID adds that the acquisition advances its stature within this growing market, as InvoTech provides technology and services to clients across hundreds of properties across the globe, including many of the largest players in the hotel, resort, theme park and cruise industries.
“Bringing InvoTech into the HID family exemplifies our commitment to extending our leadership in textile and laundry inventory management applications by providing a comprehensive suite of technology and services to customers around the world,” says Björn Lidefelt, EVP and head of HID Global.
“This acquisition, as well as HID’s recent acquisition of the Textile Services business from Invengo, positions us to expand both our technology portfolio and geographic footprint as we become the global leader in uniform, laundry and linen management applications.”
InvoTech’s real-time inventory management platform combines software, RFID tags, equipment and services to efficiently identify, track and monitor uniforms, linen and textile assets.
HID says the InvoTech offering will merge into HID Textile Services and benefit from its expertise in laundry RFID tags and readers to support their solution offering.