vps ID Systeme GmbH becomes wholly-owned subsidiary of Digital Identification Solutions AG

Effective immediately, vps ID Systeme GmbH becomes a subsidiary of Digital Identification Solutions AG. The international leader in identification solutions acquires 100% of the Ettlingen-based software company. As a wholly owned subsidiary, vps will continue to operate in the market as a separate company. Through this move, the two long-time partners expect significant synergies to be generated in research & development as well as in sales and marketing.

vps ID Systeme will become the seventh member of the globally operating Digital Identification Solutions Group with its subsidiaries and support centers in Europe, Middle East, Asia, China, Mexico and the United States. The purchase price is to remain confidential. For many years, the software specialist vps has focused on JAVA, giving the company a major advantage compared to other software providers. This advantage has enabled vps to build up a major base of references in industry and government, including Siemens, BMW, RWE, the Ingersoll-Rand Group and DRV, just to mention a few. Furthermore, the company is represented in numerous standards-setting bodies such as BitKom.The development, project management and solution competence of vps is an ideal complement to the turnkey solutions and global presence of the Digital Identification Solutions Group. The co-operation will generate substantial synergies. On one hand, the Digital Identification Solutions Group can now distribute its whole product portfolio through vps existing marketing channels. On the other hand, vps can now benefit from the project management competence of the Digital Identification Solutions Group with its numerous international projects. Furthermore the joint presence at trade fairs and corporate training sessions will result in significant savings in marketing while strengthening the presence of the group at the same time.