© Copyright Acquisition International 2026 - 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
How Business Acquisitions Can Uncover Hidden Legal Risks and Trigger Investigations
Legal
24/03/2026How Business Acquisitions Can Uncover Hidden Legal Risks and Trigger Investigations

Business acquisitions can create opportunities for growth, expansion, and new market access. However, these transactions may also uncover hidden legal risks that were not immediately visible during negotiations. In some situations, companies or executives may

Read Full PostRead - Eye Icon
Four Must-Have Marketing Tools To Improve Your Business Success
News
20/04/2023Four Must-Have Marketing Tools To Improve Your Business Success

Marketing is undoubtedly one of the most crucial parts of running a successful business. In today\'s digital age, many marketing tools are available to companies of all sizes. But as you may already know, there are so many options; thus, it can be challenging

Read Full PostRead - Eye Icon
Sorainen Advises Graanul Invest’s acquisition of SIA Latgran
Legal
16/07/2015Sorainen Advises Graanul Invest’s acquisition of SIA Latgran

Sorainen Advises Graanul Invest's acquisition of SIA Latgran

Read Full PostRead - Eye Icon
BlackHawk Industrial buys Packaging Inc., Pioneer Tool Supply
M&A
15/04/2015BlackHawk Industrial buys Packaging Inc., Pioneer Tool Supply

BlackHawk Industrial Distribution, a portfolio company of Brazos Private Equity Partners, has acquired Packaging Inc.

Read Full PostRead - Eye Icon
The Beginning of the End for Bad Biofuels
Innovation
15/04/2015The Beginning of the End for Bad Biofuels

Today the Environment Committee of the European Parliament has confirmed, with an overall majority, a political deal with Council to cap the use of first generation biofuels.

Read Full PostRead - Eye Icon
The Long-Term Cost of Catastrophic Injuries: Financial Planning Challenges for South Carolina Businesses and Insurers
Legal
16/10/2026The Long-Term Cost of Catastrophic Injuries: Financial Planning Challenges for South Carolina Businesses and Insurers

When a serious injury becomes the subject of a legal claim, its immediate medical bills rarely describe the full financial exposure. A spinal cord injury may require assistive equipment and ongoing personal care; a traumatic brain injury may affect independent

Read Full PostRead - Eye Icon
ADE Announces Strategic Partnership with Dowling Energy
M&A
30/08/2024ADE Announces Strategic Partnership with Dowling Energy

Leading investor in onsite sustainable energy solutions AMPYR Distributed Energy (ADE) has established a strategic partnership with Dowling Energy, an innovative company that helps property owners realise the full potential of onsite renewables.

Read Full PostRead - Eye Icon
Brexit – The Tax Aspects
Finance
03/06/2016Brexit – The Tax Aspects

Britain leaving the European Union (commonly coined “The Brexit”) has sparked a lively nationwide debate. Opinion polls are split, and even the President of the USA has waded into the muddied waters to give the ‘stay’ campaign some more weight.

Read Full PostRead - Eye Icon
Navigating the Tax Landscape for Real Estate Investments in the US
News
20/05/2024Navigating the Tax Landscape for Real Estate Investments in the US

Investing in real estate in the United States is attractive due to its potential returns and stability. However, the tax implications associated with these investments are crucial as they significantly influence both profitability and management. Proper unders



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 a number of 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