Q: What is happening today?

A: We are thrilled to finally share the news with you that Identidad has completed the acquisition of SwitchRay, also known as Mera Systems, from 46 Labs, LLC. The addition of SwitchRay’s offerings to our growing global portfolio is an exciting new opportunity to further enhance our service offerings worldwide.

Q: When is this effective?

A: The acquisition of SwitchRay and our new umbrella structure was officially established on March 8, 2024, and all changes are effective as of March 12, 2024.

Q: Tell me more about the acquisition.

A: To uphold our ethical standards as well as the necessary legal regulations regarding the acquisition, we have implemented a new umbrella structure with Identidad’s affiliate NexaSwitch Global, LLC as the entity created to serve as the new owner and support system for SwitchRay.

Identidad Technologies remains a separate entity and none of our employees will have access to any sensitive or competitive information owned by SwitchRay at any time.

Q: Who owns SwitchRay now?

A: Effective March 8, 2024 SwitchRay is fully owned by NexaSwitch Global, LLC a newly formed subsidiary of Identidad Technologies. NexaSwitch is the sole owner and support system for all SwitchRay technology.

Q: Why is there a new entity?

A: Identidad Technologies is known globally for its transparency, quality solutions and open, honest communication with its customers and business partners. We take our reputation seriously and value the trust placed in us to provide exceptional services worldwide. This is why we are following the legal requirements associated with this acquisition to ensure that all operations are separate and that all sensitive and proprietary information remains behind an ethical screen. NexaSwitch is the sole owner and support system for all SwitchRay technology.

We wanted to ensure that legally, ethically, and optically – all vendor and customer parties as well as partner entities felt safe and secure and were able to put their full trust in Identidad Technologies during this acquisition transition.

Q: Why acquire SwitchRay from 46 Labs, LLC?

A: SwitchRay’s addition to the Identidad Technologies portfolio will allow us to continue to create unparalleled world-class solutions, including a new level of telecommunications services and security enhancements worldwide.

Q: How will this affect my business with Identidad Technologies?

A: You should not experience any tangible difference in our business relationship. SwitchRay will remain a separate entity from Identidad Technologies. You can expect the same level of efficiency and attention to your business needs.

If anything, the acquisition simply poises Identidad Technologies to operate more swiftly, efficiently, and provide enhanced service to an expanded service area – for the benefit of our loyal and valued customer base, like yourself.

Q: Will anything about my contract agreement be amended this year or in the coming years as a result of the acquisition?

A: No – your contract will remain legally binding through the timeline, terms and conditions previously agreed upon. As always, Identidad Technologies, along with the newly formed NexaSwitch, will continue to review and consider contract adjustments upon renewal, based on ongoing and routine business decisions, if needed.

Q: Will Identidad Technologies have access to any sensitive information or trade secrets owned by SwitchRay?

A: We value the trust you put in us to handle your business and information with the sensitivity and care you expect. I want to assure you that Identidad Technologies has worked closely with NexaSwitch to ensure that all operations are separate and that all sensitive and proprietary information remains behind an ethical screen.

Q: Who can I contact if I have more questions or concerns?

A: We are always available to discuss your questions or concerns. Please contact Santiago Sánchez, Vice President of Operations at ssanchez@identidadtech.com for more information.