Vista Equity Partners strikes deal to carve out HID’s PKI business

Vista Equity Partners has reached an agreement to carve out the public key infrastructure business of HID, the identity and access management provider, the headline of the source article reports. The unit being separated provides both public and private PKI issuance and management, along with self-service SSL certificates and on-premise credential and smart card lifecycle management, according to the article's description.

The available text does not disclose the purchase price, the structure of the transaction, or the expected closing date. The full article requires free registration to access, so further terms may be detailed there but were not available for this summary.

For institutional investors tracking private equity activity in identity and security software, the transaction signals continued interest from large sponsors in carving out specialized certificate and credential management assets from broader identity platforms.