FindBiometrics
Global Identity Management
BIO-key has completed its acquisition of PistolStar, a provider of large-scale Identity-as-a-Service and Identity and Access Management solutions. First announced a few weeks ago, the deal was valued at $2.5 million, with BIO-key anticipating an immediate uptick in revenues to result from the acquisition. That’s thanks in large part to PistolStar’s PortalGuard solution for multi-factor […]
“The platform is already compatible with BIO-key’s fingerprint-based biometric authentication solutions, and also supports authentication factors associated with Windows Hello, FIDO/WebAuthn security keys, among others.” BIO-key has announced a definitive agreement to purchase PistolStar, a provider of on-premise identity and access management solution for large enterprises. The latter firm will be purchased for $2.5 million, […]
“…the acquisition will further strengthen Leidos’ technological capabilities in a market area where sophisticated technologies like biometrics are playing an increasingly important role.” Government-focused technology solutions giant Leidos has acquired L3Harris Technologies’ Security Detection and Automation business in a cash deal valued at about $1 billion. The latter organization specializes in security screening solutions for […]
“Together with Fulcrum Biometrics, LLC, we will expand our business beyond just palm vein authentication and offer a wider range of multi-modal biometric solutions that will deliver increased levels of accuracy and security, which both our North American and global customers are requiring.” – Michi Sugawara, President and CEO, Fujitsu Frontech North America Fujitsu has […]
BioCatch has officially added AimBrain to its portfolio. Both companies are behavioral biometrics specialists, so the acquisition is expected to enhance BioCatch’s existing fraud detection and behavioral biometrics capabilities. To that end, AimBrain supplements its behavioral biometrics tech with face and voice recognition to provide step-up authentication that is compliant with the latest Anti-Money Laundering […]
The ASSA ABLOY Group has officially added another biometric solutions provider to its portfolio. The company announced that it has formally completed its acquisition of Biosite, a British company that specializes in access control technology for the UK construction industry. Biosite was founded in 2010, and currently has around 140 employees working out of its […]
FacePhi is hoping to improve its digital onboarding services after completing its acquisition of the Spanish document recognition specialist Ecertic. The latter company’s technology is compliant with the latest EIDAS regulations in Europe. FacePhi already uses Ecertic’s document recognition tech to help verify the identities of customers using its SelphID digital onboarding solution, which uses […]
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 […]
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 […]
HID Global has completed its acquisition of De La Rue’s international identity solutions business, the company has announced. The latter company is a UK-based manufacturer of passports, bank notes, and tax stamps. When HID Global first announced its plan to buy De La Rue’s identity business back in June, the company noted the latter’s significant […]
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