© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Linxens Acquires Smartrac’s Secure ID & Transaction
Posted 7th November 2016

Linxens Acquires Smartrac’s Secure ID & Transaction

Acquisition marks a transformational step in the development of Linxens Diversifies its product range in RFID antennas and inlays The new group will generate more than €500 million in revenue and employ 3,500 people worldwide

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Linxens Acquires Smartrac’s Secure ID & Transaction
Image

LINXENS, a global leader in the design and manufacture of micro-connectors for smart cards, has today announced that it has acquired SMARTRAC’s SIT division, a global leader in the development and manufacture of RFID inlays and antennas. The deal is expected to complete by the end of the year.

By acquiring SMARTRAC’s SIT division’s technical expertise and vision, Linxens will consolidate its position as a leading provider of contact and contactless smart card connectivity solutions across its key business segments of payments, e-government, telecoms, transportation, loyalty and access control.

The acquisition further expands Linxens’ global presence with sites in China, France, Germany, Singapore, Thailand and the US. The combined company will focus their innovation skills on shared programs to accelerate new product development and is expected to generate more than €500 million in revenue, which will allow it to continue to innovate and expand.

Growing Market Opportunity  

Contactless solutions are becoming increasingly ubiquitous. Smartrac’s “Secure ID & Transaction” (SIT) division provides RFID components for 5 key applications: government-issued documents (eIDs, ePassports, eDriving Licenses, etc.), payments, transportation, loyalty and access control.

As the focus on security intensifies, government agencies are turning to e-documents, with a growing proportion using contactless interfaces. The result is rising demand for antennas and inlays for use in e-documents. The e-Passport is now commonplace, so the focus is shifting increasingly towards e-ID Cards, and e-Driving licenses, especially in emerging economies.

Contactless solutions are also widely used in transportation, loyalty and access control, all of which continue to offer impressive growth potential: the contactless access card market is forecast to grow by more than 5% between 2015 and 2019.

With the global rollout of the EMV payment card standard well underway, focus is now shifting to the upgrading of existing EMV cards to include contactless (NFC) functionality. This migration began a few years ago in the EU and China, and is now underway in the US, Latin America and Asia Pacific. Demand for this technology from the banking market is expected to grow by 9% year-on-year for the next 5 years.

Christophe Duverne, CEO of Linxens, commented:  

“We intend to leverage our portfolio of innovative products and solutions to become the go-to one-stop shop for secure smart card connectivity solutions for contact and contactless systems. We are both innovation leaders in our own fields, so combining our innovation skills will allow us to envision the future of secure smart card connectivity technologies to deliver best-in-class products to our customers.

“A local presence delivers major benefits for our customers. With a more global footprint, we can better respond to changes in market demand, and further improve our understanding of customer needs in the context of specific local market requirements.”

About Linxens 

Linxens is one of the key players on the world smart card connectors market, and ensures both design and manufacture.

Linxens is present in the payment, mobile phone, identity, transport and access markets. The company provides card embedders, smart card manufacturers and module manufacturers with innovative connectivity solutions.

By working closely with its customers, its unique technology portfolio and large scale production capacities, Linxens has extended its product portfolio to include antennas and specialty substrates for integrated circuits.

In addition, Linxens is developing manufacturing activity in LED light sources, thanks to its mastery of production on flexible supports.

Linxens employs more than 1,200 people around the world and has production sites and R&D centers in Europe and Asia. The company had turnover of € 320m in 2015. Linxens is mainly owned by CVC Capital Partners. For further information, visit http://www.linxens.com

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
2016’s Ones to Watch in Environmental Due Diligence
Corporate Social Responsibility
01/07/20162016’s Ones to Watch in Environmental Due Diligence

Arcadis is the leading global design and consultancy firm for natural and built assets.

Read Full PostRead - Eye Icon
Key Legal Considerations When Drafting a Business Contract
Legal
01/05/2024Key Legal Considerations When Drafting a Business Contract

A well-written business contract is like an insurance policy, protecting you and your business in the event of something going wrong, and failing to have a written contract in place can be a costly mistake in the event of a contractual breach or a dispute.

Read Full PostRead - Eye Icon
Rise Up Elevates Personalised Learning With Domoscio Acquisition
M&A
07/05/2024Rise Up Elevates Personalised Learning With Domoscio Acquisition

Rise Up, Europe's leading integrated learning solution with more than five million active learners globally, has announced its strategic acquisition of Domoscio, a French expert in Adaptive Learning.

Read Full PostRead - Eye Icon
Government Creates New Business to Save Up to £105 Million in IT Costs
Strategy
20/03/2015Government Creates New Business to Save Up to £105 Million in IT Costs

A new joint venture business has been created to host government computer servers.Crown Hosting Data Centres is a new joint venture between the government and the SME Ark Data Centres Limited, and will provide public bodies with a physical space to host their

Read Full PostRead - Eye Icon
The Main Differences Between Sole Proprietorships & S-Corps
M&A
01/11/2021The Main Differences Between Sole Proprietorships & S-Corps

One of the biggest decisions a self-employed freelancer turned business owner has to make is deciding what type of business entity works best for them. If you’re the only owner of your company, your options often narrow down to two: an S-Corp or sole proprie

Read Full PostRead - Eye Icon
Axiory Trading Academy and how does it help traders to become better
News
03/07/2023Axiory Trading Academy and how does it help traders to become better

Axiory Trading Academy and how does it help traders to become better Axiory is a Forex and CFD (Contract for Difference) broker that was conceived in 2011 and received a first customer in 2012. The broker is well regulated by the International Financial Servic

Read Full PostRead - Eye Icon
The Hidden Costs of Injury: Why a Quick Settlement May Shortchange Your Future
News
27/05/2024The Hidden Costs of Injury: Why a Quick Settlement May Shortchange Your Future

Imagine your life derailed in a car accident. At first, the injuries seem manageable – a strained back, some whiplash. Yet, weeks later, the pain intensifies and you’re missing work. Then comes the stack of medical bills, each higher than the last.

Read Full PostRead - Eye Icon
‘Productivity Puzzle’ Is a Red Herring for Our Austerity Damaged Economy, Says TUC
Finance
06/03/2015‘Productivity Puzzle’ Is a Red Herring for Our Austerity Damaged Economy, Says TUC

A new report, Productivity: no puzzle about it, published by the TUC, argues that there is a straightforward explanation for low productivity in the UK economy

Read Full PostRead - Eye Icon
Email’s ROI increases, despite concerns about testing and GDPR
Finance
08/02/2018Email’s ROI increases, despite concerns about testing and GDPR

Email’s ROI increases, despite concerns about testing and GDPR



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow