acquisitions

Does Safran Identity & Security Acquisition Signal Growing M&A Trend?

Does Safran Identity & Security Acquisition Signal Growing M&A Trend?

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 Finalizes Acquisition of 3M Cogent

Gemalto Finalizes Acquisition of 3M Cogent

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…

Mastercard to Acquire NuData Security

Mastercard to Acquire NuData Security

“NuData has proven to be one of the pioneers of the emerging behavioral biometrics approach to security.” Mastercard is going to acquire NuData Security, the companies have announced. In a statement, the companies declined to offer the terms of the agreement, but both committed to the project of integrating NuData and its NuDetect platform into…

Apple Buys Face Biometrics Company RealFace

Apple Buys Face Biometrics Company RealFace

Apple has acquired an Israel-based facial recognition company. Called RealFace, the company was founded in 2014 and is thought to employ no more than ten people; it was purchased for somewhere around two million dollars, according to speculation. The startup was working on technology that would replace password-based login on smartphones with biometric authentication via…

FPC Eyes Iris Expansion with Delta ID Acquisition

FPC Eyes Iris Expansion with Delta ID Acquisition

“In a statement announcing the acquisition, FPC CEO Christian Fredrikson said it would enable the company ‘to provide multi-modal solutions to the market, combining iris recognition with our fingerprint sensors.’” Fingerprint Cards is buying iris recognition specialist Delta ID for SEK 938 million, or a little under $107 million USD. The deal represents a considerable…

Avedon Captial Partners Buys Majority Shares of WCC

Avedon Captial Partners Buys Majority Shares of WCC

WCC Group has both new ownership and leadership. Avedon Capital Partners has now taken a majority shareholding in the company, and former COO Wim Rietdijk has taken the helm as former Executive Board members Peter Went and Mark Wegman step down. The maneuvering revolves around growth. As Rietdijk explains in a statement announcing the changes,…

Gemalto to Buy 3M Identity Management Business

Gemalto to Buy 3M Identity Management Business

Gemalto is going to buy 3M’s Identity Management business, which includes 3M Cogent, the latter’s biometric security arm. The companies are in direct negotiations now, with the acquisition expected to close in the first half of 2017 to the tune of $850 million. In a statement announcing the acquisition, Gemalto highlighted 3M Cogent’s activities in law…

News Roundup: Background Checks and Major Acquisitions

News Roundup: Background Checks and Major Acquisitions

Last week at FindBiometrics we continued to explore the world of law enforcement biometrics while acquisitions, both speculative and real, brought some excitement to the industry news. Fingerprints, facial recognition, and iris biometrics all made headlines, while an interview gave insight into the one of the newest big names in biometrics. – Sign up now…

GBG Acquires Award-Winning Biometrics Company

GBG Acquires Award-Winning Biometrics Company

“The deal follows relatively soon after IDscan Biometrics won a Best of Show award at the FinovateEurope 2016 conference this past February, in recognition of its biometric onboarding technology.” UK-based digital identity specialist GBG has announced that it’s buying IDscan Biometrics. The initial deal is valued at £37 million, or roughly $50 million USD, with up to almost…

Apple Continues to Build Facial Biometrics Arsenal with Emotient Acquisition

Apple Continues to Build Facial Biometrics Arsenal with Emotient Acquisition

Apple is once again echoing its classic line to the press, “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” In this case, it’s in reference to its acquisition of Emotient, a company specializing in facial biometrics technology that can detect signs of various emotions in…

Apple Acquires VocalIQ

Apple Acquires VocalIQ

Apple has acquired a UK-based startup that could help it to further enlighten Siri, the virtual assistant built into Apple’s mobile devices. Called VocalIQ, the startup specializes in artificial intelligence, and more specifically in areas related to voice-based interaction. Neither company has disclosed concrete details about the deal – not the monetary terms, nor future…

EyeLock Appoints Three New Execs

EyeLock Appoints Three New Execs

EyeLock has announced what it calls “three key appointments” to its executive team as it seeks to move forward from its acquisition by VOXX International Corporation. The acquisition via a 54 percent controlling interest was finalized earlier this month, with VOXX seeking to help EyeLock to explore new market opportunities for its iris scanning technology.…

VOXX Takes Control of EyeLock

VOXX Takes Control of EyeLock

VOXX International Corporation has completed its acquisition of a controlling interest in iris biometrics developer EyeLock. Through a new subsidiary, EyeLock LLC, VOXX now has a 54 percent equity interest in the company. EyeLock LLC owns virtually all of EyeLock’s assets including its IP portfolio, which of course includes the foundations for its highly accurate iris…

New Acquisition Pairs Emotion Analytics with Face Biometrics

New Acquisition Pairs Emotion Analytics with Face Biometrics

Miami-based facial biometrics developer Kairos has acquired IMRSV, a firm specializing in emotion analysis. In a statement, Kairos asserted that the acquisition makes it “the only facial biometrics company in the world offering both facial recognition and emotion analysis tools for developers.” To that end, Kairos has released an SDK, two new APIs, and analytics software…

FotoNation Expands Biometric Capabilities with SSL Acquisition

FotoNation Expands Biometric Capabilities with SSL Acquisition

FotoNation Limited has acquired Smart Sensors Limited (SSL) in a bid to expand the biometric capabilities of its products. The acquisition closed in the fourth quarter of last year. FotoNation specializes in providing face recognition and tracking technology for deployment in high-end digital cameras and smartphones. SSL, meanwhile, develops iris recognition systems, and has engineered…

Facebook Voice Recognition Acquisition Provokes Speculation

Facebook Voice Recognition Acquisition Provokes Speculation

Facebook has purchased a voice recognition startup and may add it to its arsenal of technologies gathering data on its users. The acquisition, reported last month in a Wall Street Journal article by Reed Albergotti, saw the social network giant buy Wit.ai for an undisclosed amount. The most obvious uses of Wit.ai’s technology would be…

Frost & Sullivan Predictions Herald Proliferation of Biometric Tech

Frost & Sullivan Predictions Herald Proliferation of Biometric Tech

Growth consulting firm Frost & Sullivan has released a report on its security predictions for this year, and it places a major focus on cyber security. The company expects at least ten major cyber security acquisitions, and believes there will be an increasing trend of publicly acknowledged cyber attacks. Frost & Sullivan’s experts also believe…

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