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Stefan Widing

HID Global buys DemoTeller

Deal provides new regulatory-compliant offering for financial institutions

AUSTIN, Texas—Identity solution provider HID Global on July 18 announced the acquisition of DemoTeller, a provider of instant issuance solutions for the financial market. 

Stefan Widing to lead HID Global

Widing replaces Denis Hebert who left in May

STOCKHOLM—Stefan Widing will take over as head of HID Global and EVP of ASSA ABLOY, parent company of HID, on Aug. 1.