HID Global acquires inventory management company InvoTech Systems
HID Global acquires inventory management company InvoTech Systems
Suppliers
By SSN Staff
Updated 9:11 AM CST, Mon December 27, 2021
AUSTIN, Texas—HID Global, a worldwide leader in trusted identity solutions, announced 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 industry-leading RFID portfolio.
The acquisition advances HID’s 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,” said 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. InvoTech enables the real-time visibility of textile assets via three core software solutions, including:
Founded in 1993, and based in Woodland Hills, Calif., InvoTech Systems is now part of HID’s Identification Technologies Business Area led by Marc Bielmann, Senior Vice President and Head of Identification Technologies. The InvoTech offering will merge into HID Textile Services and benefit from HID’s expertise in laundry RFID tags and readers to support their solution offering.
Headquartered in Austin, Texas, HID Global has over 4,000 employees worldwide and operates international offices that support more than 100 countries. HID Global is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.
HID Global
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