|Traded as||BM&F Bovespa: VLID3|
|Headquarters||Rio de Janeiro, Brazil|
|Key people||José Roberto Mauro (CEO)|
|Products||Smart cards, Scratchcard, Driver's license and others|
|Revenue||US$463.9 million (2012)|
|Net income||US$56.1 million (2012)|
Valid is a Brazilian engraving company headquartered in Rio de Janeiro that provides security printing services to financial institutions, telecommunication companies, state governments, and public agencies in Brazil, Argentina, and Spain.
In total there are 7 factories and 84 personalization sites making the company in the leadership of the segments where it operates is registered in numbers. In 2010, sales totaled 465.1 million cards, 15.4 million driver's licenses and identity cards and 12.3 thousand tons of paper.
Segment of operation
Its Means of Payment segment offers smart cards, such as contact chips, contactless chips, dual interfaces, display cards, and public key infrastructure cards used for payments, identification, personalization and storage, recovery, and safe transmission of data; and magnetic cards, including credit and debit cards, and private labels. This segment also provides security documents, including check books, vouchers, tickets, and lottery scratch off. It serves health plans, public online services, and financial service sectors.
The company’s Identification System segment provides physical and electronic solutions that comprise data collection, storage and management, security prints, digital recognition, and printing, as well as identity cards, passports, driver licenses, notary public stamps, and security and authenticity seals.
Its Telecommunications segment offers instant lottery tickets, which are used in prepaid cell phones. This segment also provides intelligent cards; intelligent global system for mobile communications cards used in mobile telephony; induction cards used in public telephony; mobile payment solutions, such as public transportation tickets and micro payments; scratch off cards to purchase credits or to make mobile phone calls from any fixed, mobile, or public phone; and sensors to automate the collection and transmission of information to processing centers.
The company was found in 1957 in Brazil as an American BankNote's subsidiary. In 2006 the company make its Initial Public Offering in BM&F Bovespa and changed its name to Valid in October 2010.
The Valid offers its services to large companies and government institutions, its main customers are telecommunications companies Telefônica Brasil, Oi and Claro Brasil, banks as Itaú Unibanco, Banco do Brasil, Citibank, Bradesco, HSBC, Santander Brasil and Caixa Economica Federal, as well as the BM&F Bovespa and the Brazilian Department of Transit.