For the past two years, Xiring and SCM have been working together to jointly develop a mobile solution based on existing Xiring technology for the German e-Health market, and to leverage SCM technologies in several Xiring electronic identity (eID) smart card readers.

Based on the success of their initial partnership, the companies now are expanding their cooperation to cover additional markets and geographies.

The new agreement between SCM and Xiring includes cross-selling of an expanded range of complementary products as well as joint development of combined solutions for key markets, including e-ID and Transport.

Xiring chairman and CEO Georges Liberman said this strategic agreement is the next logical step in the company’s fruitful cooperation.

"Xiring and SCM have already demonstrated their ability to cooperate both on R&D projects and on marketing and sales programs. We can now leverage our complementary strengths to address additional customer and market opportunities," Liberman said.