corporate news

FacePhi to Preview Strong 2019 Results Next Week

FacePhi to Preview Strong 2019 Results Next Week

FacePhi is drumming up some excitement over its performance in 2019 and prospects for 2020, announcing that it will preview its 2019 fiscal results at a special investors event on January 20th. The event will take place at the Palacio de la Bolsa in Madrid, starting at 10am, and will be conducted by FacePhi CEO…

Synaptics Sets February Date for Next Quarterly Report

Synaptics Sets February Date for Next Quarterly Report

Synaptics has set a date for its next quarterly report. The company will share the results for the second fiscal quarter of 2020 after the market closes on Thursday, February 6. It will then discuss the results during a conference call for analysts and investors. Those interested in joining the live call are invited to…

Former AWS Exec is IDEMIA’s New Chief Digital Product Officer

Former AWS Exec is IDEMIA’s New Chief Digital Product Officer

A former Amazon executive is now IDEMIA‘s Chief Digital Product Officer. The company has announced that David Desharnais “will lead IDEMIA’s cloud and digital platform strategy.” Desharnais joins the global identity company after serving as Amazon Web Services’ Worldwide Industries Group Head & GM, a position he held since July of 2018. Before that, he…

RealNetworks Brings on Interim CFO to Navigate Transition Period

RealNetworks Brings on Interim CFO to Navigate Transition Period

RealNetworks has announced that Mike Ensing will be stepping up as the company’s new Interim CFO. Ensing will be taking over from Cary Baker, who is leaving to pursue other opportunities after three years with the company. “We wish Cary the best in his future endeavors,” said RealNetworks Chairman and CEO Rob Glaser. “Mike is a…

Suprema Targets African Market with New Sales Representative

Suprema Targets African Market with New Sales Representative

Suprema ID is looking to solidify its presence in the African market after hiring Paul Kennedy as its new Sales Representative for the region. Kennedy brings more than 30 years of experience to the position, in which he will be expected to find new customers for the company’s fingerprint and identity document solutions. “My role…

Egis Reports Strong Year-Over-Year Growth

Egis Reports Strong Year-Over-Year Growth

Taiwan-based Egis Technology is reporting solid results in its year-end update for 2019, despite a fourth quarter revenue dip. The company says it brought in NT$ 7.358 billion, or roughly $244.5 million USD, for the 2019 fiscal year, which it called “a new high” in a statement announcing the result. The figure represents a 24.5…

Zwipe Founder Departs Company’s Board

Zwipe Founder Departs Company’s Board

Zwipe‘s founder and former CEO has left the company, the biometrics specialist has announced. Kim Humborstad launched the fingerprint sensor firm in 2009, and served as it’s chief executive until 2018, when he moved into a role as the company’s Chief Growth Officer and the Deputy Chairman of its board of directors. Last month, Humborstad…

Acuant ‘on Track’ for Record Revenues in 2019

Acuant ‘on Track’ for Record Revenues in 2019

Acuant is celebrating a successful year, announcing that it’s on track for record revenue generation for 2019. In a statement, the privately held company did not disclose hard numbers pertaining to its sales, but asserted that 2019 will likely prove to have been “a record year in revenue generation”. The IAM specialist added that it’s…

In Groupe Acquires Passport Security Specialist SURYS

In Groupe Acquires Passport Security Specialist SURYS

France’s IN Groupe has completed its acquisition of the optical security specialist SURYS. SURYS is best known as a provider of security components for passports (half of the world’s passports currently feature SURYS tech) and other sensitive documents. The IN Groupe, meanwhile, is wholly owned by the French state, and hopes to use SURYS’s expertise…

Zwipe Begins Nasdaq First North Application Process

Zwipe Begins Nasdaq First North Application Process

Zwipe has taken its first step forward in the official application process to get listed on the Nasdaq First North Growth Market. The company has announced that it has formally submitted for screening, in what is the first part of a two-step application process. Zwipe first announced its plans to seek a listing on Nasdaq…

Aluf to Acquire Two Biometrics Companies

Aluf to Acquire Two Biometrics Companies

Aluf Holdings is looking to add two more biometric tech companies to its portfolio after sending non-binding Letters of Intent to acquire outstanding stock. The additions would represent the third and fourth companies that Aluf has acquired since the Board of Directors announced a new mergers and acquisitions strategy earlier this year. The first was…

RealNetworks Expands Board of Directors

RealNetworks Expands Board of Directors

RealNetworks‘ board of directors has now grown from six to eight members. One of the newly appointed board members is a former RealNetworks employee. Tim Wan joined the company back in 2002 as its Director of Business Planning and Marketing, and didn’t depart until 2012, after serving for three years as its Chief Financial Officer.…

Zwipe Announces Next CFO

Zwipe Announces Next CFO

Zwipe has announced a new Chief Financial Officer. Lars Kristian Solheim will take the position starting March 1st of 2020, when he will replace interim CFO Lars Myren. In a statement announcing the new executive’s appointment, Zwipe highlighted his relevant experience. After serving as a Senior Associate at the audit firm Ernst & Young, Solheim…

AU10TIX Gets $20M More in VC Funding

AU10TIX Gets $20M More in VC Funding

Customer onboarding and KYC specialist AU10TIX has brought in $20 million in VC funding. The investment comes by way of Fund Oak HC/FT, and has been poured into ABC Technologies B.V., AU10TIX’s parent company. In announcing the funding, AU10TIX emphasized the growth in the identity and document verification market in which it specializes, suggesting that…

VSBLTY Retains Canadian Investor Relations Firm

VSBLTY Retains Canadian Investor Relations Firm

VSBLTY is looking to get more visibility in the capital markets. The Philadelphia-based company, which specializes in AI-infused visual display technology, has retained CHF Capital Markets, a major Canadian investor relations firm focused on small and mid-cap companies. VSBLTY has made some headline-grabbing moves in recent months with its smart signage technology, thanks in part…

BioConnect Opens New Biometric Innovation Hub

BioConnect Opens New Biometric Innovation Hub

The Toronto-based biometric security specialist BioConnect has officially opened its BioConnect Labs innovation hub. BioConnect Labs will be focused primarily on R&D, and will work to develop new biometric security solutions for digital and physical spaces. The lab itself is a collaborative initiative with public and private support, including a $3.9 million investment from FedDev…

Aware Inc. Takes the Spotlight in This Week’s Top Stories

Aware Inc. Takes the Spotlight in This Week’s Top Stories

This week’s roundup of FindBiometrics’ most popular articles finds one standout topic in the form of a company: Aware, Inc. Aware is, of course, a leading provider of biometric authentication solutions, including its mobile-focused Knomi SDK package. The company has lately seen some important changes to its executive team, including the appointment of a new…

Vision-Box Opens New Manufacturing Facility in Portugal

Vision-Box Opens New Manufacturing Facility in Portugal

The border control and digital identity specialist Vision-Box has opened a new manufacturing facility in Abóboda, Portugal. With 8,000 square feet of warehouse and factory space, the new one-floor facility immediately becomes Vision-Box’s largest production center and will allow the company to triple its manufacturing capacity. “The Abóboda factory and warehouse facility serves the company’s…

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