Who Is IN With IDEMIA?

Unlike the other rumors over the last few years, this is official. 

From IDEMIA:

“IN Groupe and IDEMIA Group have entered into exclusive negotiations regarding the acquisition of IDEMIA Smart Identity, one of the three divisions of IDEMIA Group.”

But discussions are one thing, and government approvals are another. By the way, IN Groupe’s sole shareholder is the French state…

Plus IDEMIA, like Motorola before it, will have to figure out how the, um, bifurcated components will work with each other. After all, IDEMIA Smart Identity is intertwined with the other parts of IDEMIA. 

Again, from IDEMIA:

“IDEMIA Smart Identity, a division of IDEMIA Group, is a leader in physical and digital identity solutions. We have fostered longstanding relationships with governments across the globe, based on the shared understanding that a secured legal identity enables citizens to access their fundamental rights in the physical and digital worlds.”

Regardless, this process will take some time.

And what will Advent International eventually do with the other parts of IDEMIA? That will take even more time to figure out.