BRIEF: Biometrics Industry Wheelings and Dealings

BRIEF: Biometrics Industry Wheelings and Dealings

The biometrics industry is perhaps one of the most active markets in the world, with a constant stream of activity pertaining to strategic alliances, technological integrations, product launches, and more. And this momentum can sometimes be seen on the highest level of corporate activity – mergers, acquisitions, executive appointments, and corporate restructuring.

There has been a bit of an uptick in the latter kind of news over the past month, and given the importance of these kinds of developments – and the degree to which they signify the health of the larger industry – it’s worth taking a moment to reflect on some of the biggest news in these areas.

There have been a few major investments, for example:

Signicat Acquires API Solutions Provider Idfy

TPG Takes $60M Stake in AU10TIX

Ipsidy Raises $3.1M Ahead of Planned IPO

There has also been one major divestment:

Nuance Selling Off SRS Business to Focus on Cloud, AI Efforts

And a number of important appointments:

NuData Co-Founder Steps Up as New CEO

Malaysian Wealth Fund Adds SenseTime, Tencent Execs to Board

IDEMIA Looks to Expand Government Reach with New Head of Business Development

Derek P. D’Antilio Joins IDEX Biometrics as New CFO

Credence ID CEO Joins President’s African Business Advisory Council