Kaba acquires e-Data
Kaba Group is acquiring the business of e-Data, based in Dallas (Texas, USA) and Stuttgart (Germany), planned to be effective as of end of May 2011. e-Data specializes in Web-based...
Kaba Group is acquiring the business of e-Data, based in Dallas (Texas, USA) and Stuttgart (Germany), planned to be effective as of end of May 2011. e-Data specializes in Web-based appliance solutions that combine physical access control and time collection. e-Data products include an integrated fingerprint biometrics module that is FIPS 201 compliant, complementing Kaba's existing E-Plex products.
e-Data employs 38 people and achieved in 2010 a turnover of approximately CHF 6 million. With this acquisition, Kaba Group intends to increase market share globally in defined verticals, including the retail market. e-Data has well-established business links with local and international integration partners. e-Data's Linux embedded technology has been used worldwide since 1999. The parties have agreed not to disclose the purchase price.