UL, previously known as Underwriters’ Laboroatory, announced the acquisition of Collis, a provider of secure transaction technology and advisory services based in Leiden, Netherlands.
The addition positions UL as a global provider of transaction security, interoperability and conformance evaluation and advisory services for the mobile, payment card, eTicketing and ID management sectors. Collis develops and tests secure transaction technology for banks, governments, mobile network operators and public transport companies.
Its solutions include advisory services, test tools and expert training associated with smart card technology, mobile payments, NFC/TSM, security and risk, transactions, cards, devices and central host systems.
Collis marks the third acquisition for UL’s transaction security service line, following the additions of RFI Global in June 2010 and Witham Laboratories in January 2012. The growth in expertise, global footprint and capabilities fully extends UL into a worldwide mobile payments industry.