Identive Group grants secure access to the digital world.
The company makes hardware and software for securely accessing
digital content and services. Its products include smart card
readers for electronic IDs and driver's licenses, as well as health
care, computer network, and facility access cards. Among other
purposes, Identive's digital media readers are used in digital
photo kiosks to transfer data to and from flash
media. The company sells to computer makers, government
contractors, systems integrators, financial institutions, and photo
processing equipment makers. Identive has
international facilities in Australia, Canada, Germany, Hong
Kong, India, Japan, the Netherlands, Singapore, and
The company uses acquisitions to expand its customer base and
extend the functionality of its product line. It
bought Switzerland's Bluehill ID in a 2010 stock-swap
transaction, adding radio-frequency identification (RFID) and other
ID equipment for inventory tracking and security applications
to its catalog. Known as SCM Microsystems prior to its
purchase of Bluehill, the company changed its name that
year to Identive Group. Also in 2010 the company bought
Smartag, a designer of high frequency radio transponders and tags
used for RFID applications.
Identive undertook cost-cutting measures following those
acquisitions, consolidating some operations, closing
an office in Germany, and combining two Indian
subsidiaries, SCM Microsystems India and SCOLIS Technologies.
The restructuring led to the elimination of about 13% of
the company's global workforce.
In 2011 Identive bought polyright, a provider of multifunction
RFID cards for the education and health care industries.
Headquartered in Switzerland, polyright had offices in Austria and
Germany. That year the company also bought
California-based idOnDemand, a provider of cloud-based
secure access systems for buildings, computers, mobile
devices, and corporate networks.
Identive in 2012 established a converged access product
group, Access Control ID Solutions, to focus on identity
products, idOnDemand's software-as-a service product, and network
access smart card reader technology.
The company's revenue continued its upward march in 2011,
increasing just 20% after doubling from 2009 to 2010. Identive
is still finding profits elusive, however, pulling itself out of
the red only one year (2006) in the past decade. Higher
operating costs in R&D, sales and marketing, and administrative
areas of the business contributed to the loss for 2011.
Board member Daniel S. Wenzel owns more than 15% of