That is likely a Microsoft driver. HID is Human Interface Device, which is a large group of devices that human users interact with to control the computer. That group includes such items as mice, touchpads, keyboards, joysticks, game controllers, etc. HID has been present in Windows since at least Windows 98, if my memory is correct. It is required.
I recently purchased a DELL Vostro 7620. It has something called "HID Sensor Collection V2" in device manager. I have absolutely no idea what it is and what does it do. It is great if someone can explain me what it is so that I can have a better understanding of it. 
HID Sensor Collection V2