STOCKHOLM, Oct. 18, 2024 /PRNewswire/ — ASSA ABLOY has signed an agreement to sell its Citizen ID business to TOPPAN.

The Citizen ID business area of HID manufactures, designs, and implements physical and mobile identity solutions for government to citizen programs around the globe. Citizen ID has some 450 employees with manufacturing facilities in Ireland, Malta and the US. Sales in 2023 amounted to about SEK 1,300 M.
“I find it very satisfying that with TOPPAN, Citizen ID and its employees and customers get a committed long-term owner, creating new opportunities for the future and I wish them every success,” says Nico Delvaux, President and CEO of ASSA ABLOY.
“Over the past decade, our team has created a highly reputable offering of physical and digital citizen identity solutions,” said Björn Lidefelt, EVP and Head of HID. “I am pleased with the improved performance of our Citizen ID business, appreciative of our employees’ contributions to HID and enthusiastic about their future success with TOPPAN.”
The transaction will have a positive effect on ASSA ABLOY´s operating margin going forward. The capital result before taxes is expected to be insignificant.
The transaction is subject to customary closing conditions, regulatory approvals, and employee consultation and is expected to close during the first quarter of 2025.
For more information, please contact:Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68
About ASSA ABLOY
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 61,000 employees and sales of SEK 141 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY’s innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world.
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DUBAI, UAE, Oct. 18, 2024 /PRNewswire/ — During the 44th GITEX GLOBAL, one of the world’s largest technology exhibitions, Huawei Commercial Market Summit was held with the theme of “Joining Hands with Partners to Amplify Intelligence for SMEs.” At the event, Huawei launched 17 new products and 6 new solutions designed for the global SME market. The company also shared achievements of its continued strategic investment in the commercial market, emphasizing that it will keep adhering to a partner-centric approach. Huawei is committed to working together with partners to serve hundreds of thousands of customers in the commercial market.

In his opening speech, Ernest Zhang, President of the Partner Development and Commercial & Distribution Business Dept in Huawei Enterprise Sales Dept, said: “Over the past year, Huawei has achieved rapid growth in the commercial market in terms of the number of partners and customers, and overall revenue. Huawei will firmly adhere to its partner-led commercial market strategy, join hands with partners to gain in-depth insights into customer requirements across industries and sub-scenarios, develop more competitive products and scenario-based solutions accordingly, build a mutually beneficial partnership system, and empower partners’ digital and intelligent capabilities, so as to achieve success together with our partners in the digital, intelligent future of the commercial market.”
Peter Zhang, Director of the Commercial Business Dept in Huawei Enterprise Sales Dept, said: “Leveraging Huawei’s deep technical expertise in the ICT field and decades of experience in digital transformation, we have launched over 300 innovative products and scenario-based solutions for the commercial market. Through the HUAWEI eFly platform, we have digitally supported our partners in expanding their business with enterprise customers. It is Huawei’s partner policy in the commercial market to build a partner-centric and trustable ecosystem, so that partners can gain more benefits, incentives, and profits.”
For education, healthcare, manufacturing, SMEs, and other key industries, 17 new products and 6 new solutions were released this time. For example, for the education sector, the brand new IdeaHub K3 redefines classroom interaction experiences; for the manufacturing sector, the freshly upgraded high-quality factory network solution becomes a strong backbone for flexible production; for SMEs, the simplified all-flash data center solution offers top-notch full-stack IT infrastructure; and for managed service providers (MSPs) in the commercial market, diverse solutions featuring easy selling, delivery, O&M, and growth are provided.
At the summit, Yusuf Ahmed, CEO of KEMS Zajil Telecom, the largest Internet service provider in Kuwait, shared how enterprises in Kuwait are actively embracing the anything-as-a-service (XaaS) global transformation and how KEMS Zajil Telecom has leveraged Huawei’s leading technologies to provide customers with flexible, diverse, and innovative cloud-based solutions. Richard Pearson, CPDO of SIBCA in the UAE, introduced that there is a growing recognition of green and intelligent concepts as well as technological infrastructure development across industries. SIBCA hopes that their cooperation with Huawei can be expanded from the current network, storage and other product fields to data centers, cloud, and AI, to jointly drive greener and smarter building construction in the near future.
With over three decades of deep cultivation in the ICT field, Huawei has accumulated a wealth of experience in digital transformation and is committed to becoming the core driving force for the rapid development of SMEs in the digital era. In the future, Huawei will keep working with global partners to innovate together, share success, and create a brilliant digital economy for SME customers around the world.
For more about Huawei commercial market solutions, see https://e.huawei.com/cn/industries/commercial-market.
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SEOUL, South Korea, Oct. 17, 2024 /PRNewswire/ — Eye Level is hosting the 2024 Math Olympiad (ELMO 2024), inviting students from grades 1 to 8 worldwide to showcase their math skills. The competition will run from November 9 to December 1, following each country’s schedule across 15 countries.object

This Olympiad, part of the annual Eye Level Math Olympiad series established in 2004, offers students a valuable opportunity to assess and enhance their mathematical abilities. The test lasts approximately one hour and is designed to challenge students across various areas of math skills, covering most arithmetic and critical thinking domains. Questions are tailored to each grade level, allowing students to evaluate their skills objectively.All participants will receive a certificate of participation and a comprehensive analysis of their test results. Official results and winners will be announced in January 2025 on myeyelevel.com, with award ceremonies planned to be held locally for outstanding participants.
Registration is currently open on myeyelevel.com.
About Eye Level
Eye Level is an international provider of supplemental education services in Math and English with more than 2 million students having experienced its programs. Eye Level guides the students to learn at their own pace, and achieve their goals. With a growth-minded learning process, Eye Level helps students build good learning habits that become the foundation of great talent – setting them up for success in school and beyond. 
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