InterCard GmbH and IntraKey become SECANDA Systems AG
InterCard AG Informationssysteme has become SECANDA AG (stock exchange symbol SC8).
Now our subsidiaries InterCard GmbH Kartensysteme and IntraKey technologies AG are merging to become SECANDA Systems AG. For this purpose, InterCard GmbH Kartensysteme is to be converted into SECANDA Systems AG before the end of this year. IntraKey will then be merged into SECANDA Systems AG in spring 2023.
In future, SECANDA Systems AG will combine the systems and markets of both companies and express its market-leading position in Germany under the new SECANDA brand. The company will become the largest and most profitable subsidiary of the listed SECANDA AG. With around 90 employees, mainly at the Villingen-Schwenningen and Dresden locations, as well as in numerous local branches. And with a turnover of around 13 million euros.
SECANDA Systems AG bundles our core activities in Germany. As the clear market leader in the area of universities and student unions with a market share of over 80%. And as an innovation driver for the new employee ID card, the new hospital card or the new ID-based university card via app. For our target markets CORPORATE, CARE, CAMPUS and PUBLIC.
InterCard stands for payment and billing based on identification via chip card and app as well as for the new SECANDA system with the centrally managed ID for each user. IntraKey stands for access, time recording and SharedBoxes such as public lockers or public bicycle garages based on identification via chip card and app. Both companies have been jointly offering total solutions since the takeover 15 years ago.
The merger stands for further growth with a common name and centrally controlled sales. With the further integration of IntraKey’s access and security systems into the SECANDA system, SECANDA Systems AG can offer an increasingly perfectly coordinated overall system based on the personal ID and thus the next generation of employee, student or patient ID cards as well as the multifunctional citizen card.
Internationally, SECANDA AG is the market leader in the higher education market in Switzerland, especially with its subsidiary Polyright, and has recently been represented by its own subsidiary in Spain.
In the beginning, there is SECANDA. With the new system SECANDA. With SECANDA Systems AG as the new market leader in Germany. With SECANDA Systems S.L., our important development location in Valencia and new sales location for the Iberian Peninsula. And last but not least, with our great teams and companies together in SECANDA AG.