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Home Company-News Multicard Bought Germany Based DCS Europe ID Solutions
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Multicard Bought Germany Based DCS Europe ID Solutions

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Swiss Multicard AG announced that it has acquired ID systems solutions company DCS Europe ID Solutions GmbH of Villingen-Schwenningen, Germany.

DCS Europe offers multifunctional smartcard solutions for secure identification programs but the company also acts as ID systems architect and offers management and engineering services.

 

Marco Avanzini, the Managing Director of Multicard noted "we are excited to have J?rgen M?ller, Markus Albrecht and their Team join Multicard. Their unique understanding of real life applications in the national ID and the commercial markets add to our traditional strength in the consumer market."

Werner Vogt, chairman of Multicard added "in my many years in this industry I am most impressed with the deep understanding along the whole value chain of core system design as well as card programming and issuance skills of the DCS Team."

From the DCS Europe side, J?rgen M?ller, Managing Director, said "Multicard is the perfect partner for us, they give us technical depth, back-up and more flexibility for our customers, and we are particularly pleased that through the Multicard acquisition we will soon also become a part of the Bluehill ID Group."

On May 13, Frankfurt Stock Exchange traded Bluehill ID AG had announced that it had reached agreement to acquire Multicard. The closing of this transaction was deferred now to allow for the completion of the DCS Europe acquisition and Multicard AG and Bluehill ID now expect the transaction to close within the next 60 days.

Multicard AG is an identification technology company focusing on the printing, programming and issuance of identification cards across multiple segments but with strong focus on the consumer sector. Founded in 1986 by its chairman Werner Vogt, Multicard has grown to be a highly respected leader in the card issuance and fulfilment market.

 

Related Links:

http://www.multicard.com/

http://www.dcs-europe.net/

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