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STOCKHOLM, SWEDEN -- (Marketwire) -- 02/10/12 -- Fourth quarter * Sales increased during the quarter by a full 22%, including 4% organic growth, and totaled SEK 11,744 M (9 648). * Strong growth in Asia, Africa, Global Technologies and Entrance Systems, while the markets in Europe and North America were stable. * Acquisitions of Albany Door Systems and Securistyle were completed and agreement signed for the acquisition of Dynaco. The combined annualized sales from these companies is SEK 1,850 M representing 5% growth. * Operating income (EBIT) amounted to SEK 1,881 M[1] (1,606), an increase of 17%. The operating margin was 16.0%[1] (16.6). * Net income amounted to SEK 118 M[2] (1,071). * Earnings per share rose by 20% to SEK 3.43[3] (2.86). * The restructuring program was expensed with SEK 1,420 M. * Operating cash flow reached a record high SEK 2,794 M (2,085). F... (more)

NXP and HID Global Enable Mobile Access for NFC Phones

NXP Semiconductors N.V. (NASDAQ: NXPI) and HID Global, both trusted leaders in solutions for the delivery of secure identity, today announced their collaboration to introduce a global, generic Mobile Access solution for NFC-enabled mobile phones. NFC enables the secure and convenient sharing of information from one device to another over short distances based upon existing contactless standards, making it ideal for deploying easy-to use mobile access control applications. HID Global and NXP helped create the current market for card-based physical access systems and are now joint... (more)

Keane Reaches Agreement to Acquire Portions of BearingPoint Public Services Business

  Boston, MA –  - Keane, Inc., a global services firm that specializes in optimizing businesses’ information technology (IT) investments, today announced that it has entered into an asset purchase agreement with BearingPoint, Inc. to purchase a portion of the BearingPoint Public Services business in North America, which would include BearingPoint’s New York City practice. Finalization of this transaction is subject to customary closing conditions and securing approval by the court overseeing BearingPoint’s bankruptcy restructuring. “This addition to our Public Sector business ... (more)

ActivIdentity Solidifies Cloud Computing Services Initiative

ActivIdentity announced a comprehensive strategy and technology roadmap to enable Managed Security Service Providers to deliver strong authentication and credential management services. ActivIdentity's cloud computing services initiative enables Managed Security Service Providers to provide an alternative delivery method of infrastructure software to defend against security threats and identity fraud for a variety of vertical markets (e.g., banking and financial services industry, state and local government). In times of economic hardship and a widening information technology sk... (more)

Sun and ActivIdentity Solve the Challenge of Integrating and Securing Access to Resources

Sun Microsystems and ActivIdentity Corp. have announced a joint solution that combines the Sun Java System Identity Management Suite with ActivIdentity's Card Management System and Enterprise Single Sign-On. The combination allows organizations to link physical and network security access and incorporate strong two-factor authentication to network resources and applications, which helps businesses improve security, maintain regulatory compliance and reduce administrative costs, and helps government agencies and contractors comply with the U.S. government's HSPD-12 security direct... (more)