This week’s batch of top stories from FindBiometrics is about as varied as they come, spanning acquisitions, iPhones, executive changes, and more. Nevertheless, it’s still possible to discern a couple of themes, with a major through-line being the ongoing importance of mobile biometrics. Apple is responsible to a considerable extent for having launched this booming…
“Inpixon can now offer what we believe is one of the indoor positioning market’s most comprehensive product lines for visitor analytics and physical cyber security.” – Nadir Ali, CEO, Inpixon Palo Alto-based Inpixon has acquired Locality Systems, a Vancouver-based startup specializing in device positioning and radio frequency technology for video surveillance systems. It appears to…
US-based engineering firm II-VI is reassuring investors that its acquisition of Finisar should proceed as planned despite the US government’s placement of Huawei on its trade blacklist. The acquisition was approved by shareholders of both companies earlier this year, paving the way for a merger that could significantly extend the applications of Finisar’s 3D Sensing…
Aluf Holdings is turning its attention to biometrics and blockchain, and has appointed a new Board of Directors to oversee the transition. “Biometrics is disruptive, transformative, and revolutionary,” said incoming Aluf Vice Chairman Ben Zandi. “We’re going to be the ones that bring that to market.” To do so, the holding company will be pursuing a…
Argus TrueID has announced the acquisition of another Australian biometric services provider. Queensland-based Biometric Identity Solutions is now under the Argus TrueID umbrella thanks to a deal that reflects Argus’s current mergers and acquisitions strategy. Argus TrueID provides identity and security solutions for industries ranging from banking to criminal justice. It is also one of…
NEC is buying a major European IT company in a bid to increase growth in its global safety business. The company announced that it has established a deal to acquire KMD, which it says is Denmark’s largest IT company. In a statement announcing the acquisition, NEC explained that it is part of its “Mid-term Management…
Airport IT solutions provider SITA has acquired MEXIA Interactive, a passenger analytics specialist. The latter, a private company based in Canada, was founded in 2011, and has developed technology designed to predict passenger bottlenecks and queues in airport facilities. It also assesses metrics pertaining to passengers’ retail activities, helping airport administrators to find additional revenues…
Nuance Communications has signed an agreement to sell its Document Imaging division to Kofax, an automation software provider based in California. The deal is valued at $400 million in total. In a statement announcing the agreement, Nuance explained that selling off the Document Imaging division “enables Nuance to focus the business entirely on its conversational…
FindBiometrics President Peter O’Neill recently spoke with Crossmatch CEO Rich Agostinelli. The interview begins with talk of the autumn’s big news: in September Crossmatch was acquired by HID Global. After detailing how the acquisition will affect the company, Agostinelli shed some light on Crossmatch’s product line and use cases for its NOMAD biometric readers, as well as…
The leadership at Gemalto and Thales are adjusting their expectations with respect to their proposed merger, announcing that they now expect the deal to close in the first quarter of 2019. The announcement comes after the news that the US Committee on Foreign Investment had given the merger its thumbs-up last month, marking the 6th…
“Iovation offers a number of device-based authentication solutions including FraudForce, SureScore, ClearKey, and LaunchKey – the latter being itself the product of an acquisition on Iovation’s part.” TransUnion is going to acquire Iovation. In a statement announcing the planned acquisition, the company said it’s aimed at “strengthening its leadership position in fraud and identity management.”…
RELX Group has made a deal to acquire digital identity security specialist ThreatMetrix. The IT services firm intends to acquire the entire issued share capital of ThreatMetrix for £580 million in cash. The plan is to fold ThreatMetrix into RELX Group’s Risk & Business Analytics division, and for good reason. ThreatMetrix’s flagship platform, the Digital Identity…
Facebook is acquiring Confirm.io, a US startup specializing in multi-factor digital authentication. Based in Boston, the startup is just three years old, but has made a name for itself with its mobile-based, biometric ID verification technology, which uses facial recognition to verify end users’ government-issued identity documents. The firm made perhaps its first big splash…
French industrial engineering company Thales has made a deal to acquire Gemalto. The deal arrived as Gemalto’s management was facing down a hostile acquisition attempt from Atos, which had offered EUR 46 for any issued and outstanding shares in the company, a price that Gemalto said significantly undervalued the company. Thales has offered EUR 51…
Imprivata has acquired the Identity and Access Management Business of Caradigm, a GE Healthcare company. In a statement announcing the acquisition, the companies suggested that Caradigm’s Identity and Access Management Business will continue to operate as a firm focused on population health solutions. But Imprivata CEO Gus Malezis also asserted that the acquisition “will serve as a…
“HID Global says it has already shipped over 150 million IDs with more than 50 national governments around the world.” HID Global has acquired Arjo Systems, a provider of government ID and smart card solutions boasting of 20 years of experience. The company will be merged into HID’s Government ID Solutions division, with Arjo retaining…
“… it could also help [Fingerprint Cards] to expand beyond the mobile market in which it has attained a leading position.” Fingerprint Cards has completed its acquisition of Delta ID. The deal was first announced at the start of February, when FPC announced it would pay SEK 938 million to acquire the iris recognition specialist.…
The completion of Advent International and Bpifrance’s acquisition of Safran Identity & Security signals the latest watermark in what appears to be a rising trend of M&A activity in the identity industry. It follows soon after Gemalto announced earlier this month that it had finalized its acquisition of 3M’s identity management business, 3M Cogent. And…
Gemalto has completed its acquisition of 3M’s identity management business, which includes 3M Cogent—a fully owned subsidiary specializing in biometrics for law enforcement, border control, and civil ID. The deal was first announced toward the end of last year. At the time of the initial announcement in December 2016, the acquisition was valued around $850 million. In…