mergers and acquisitions

Goodix to Acquire NXP Semiconductors’ Voice and Audio Solutions Business

Goodix to Acquire NXP Semiconductors’ Voice and Audio Solutions Business

Goodix has entered into a definitive agreement to acquire NXP Semiconductors’ Voice and Audio Solutions (VAS) business. The deal includes offices in Europe and Asia as well as intellectual property holdings related to VAS. Having established itself as an important supplier of fingerprint scanning solutions for smartphones, including the in-display sensor technology that is currently…

OrangeHook-Kologik Merger to See Biometric Patient ID Focus

OrangeHook-Kologik Merger to See Biometric Patient ID Focus

Healthcare-focused identification and authentication specialist OrangeHook has entered into a non-binding merger agreement with public safety applications provider Kologik, with biometric patient identification to be a key focal point going forward. The companies have not disclosed the terms of the agreement, but have signed a Letter of Intent and appear enthusiastic about potential synergies of…

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…

Signicat Acquires API Solutions Provider Idfy

Signicat Acquires API Solutions Provider Idfy

“With the acquisition of Idfy, we strengthen our ability to execute faster and deliver better digital identity solutions to the market,”- Gunnar Nordseth, CEO, Signicat Signicat, a Norway-based provider of digital identity management and e-signature solutions, has announced its acquisition of Idfy, a compatriot firm specializing in API-based solutions for online authentication. The acquisition entails…

Thales Updates Fiscal Prospects After Acquisition of Gemalto

Thales Updates Fiscal Prospects After Acquisition of Gemalto

“This acquisition represents a powerful accelerator of the strategy we have been implementing since 2015; by providing a unique range of digital technologies and skills, it strengthens the differentiation of our solutions and positions us as partner in the digital transformation of our customers.” – Patrice Caine, CEO, Thales In the wake of its acquisition…

‘Indoor Positioning’ GPS Specialist Acquires Device Detection Startup

‘Indoor Positioning’ GPS Specialist Acquires Device Detection Startup

“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…

Huawei Blacklisting Shouldn’t Affect II-VI’s Acquisition of Finisar

Huawei Blacklisting Shouldn’t Affect II-VI’s Acquisition of Finisar

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…

Global Invacom Abandons Proposed $200 Million Acquisition of Tactilis

Global Invacom Abandons Proposed $200 Million Acquisition of Tactilis

Global Invacom has backed away from a proposed $200 million acquisition of the smartcard specialist Tactilis. The news comes via a filing with the Singapore Exchange, which also revealed that the two companies would equally split costs and expenses and that the $20 million break fee would be waived. The two companies first agreed to…

Aluf Will Focus on Biometrics and Blockchain with New Board, M&A Strategy

Aluf Will Focus on Biometrics and Blockchain with New Board, M&A Strategy

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 Announces the Acquisition of Biometric Identity Solutions

Argus TrueID Announces the Acquisition of Biometric Identity Solutions

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 Acquires Danish IT Company KMD

NEC Acquires Danish IT Company KMD

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…

European Commission Grants Merger Control Regulatory Clearance to Thales and Gemalto

European Commission Grants Merger Control Regulatory Clearance to Thales and Gemalto

Gemalto and Thales have cleared what was perhaps the highest hurdle in their pursuit of a merger, announcing in a new statement that the European Commission has granted them “merger control Regulatory Clearance”. Thales had first made its all-cash offer to acquire Gemalto in the spring of this year, but was compelled to push back…

SITA’s MEXIA Acquisition to Reinforce Biometric Automation Tech

SITA’s MEXIA Acquisition to Reinforce Biometric Automation Tech

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 to Sell Document Imaging Arm, Focus on Voice and AI

Nuance to Sell Document Imaging Arm, Focus on Voice and AI

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…

South Africa’s Competition Commission Grants Clearance For Thales and Gemalto Merger

South Africa’s Competition Commission Grants Clearance For Thales and Gemalto Merger

Just a week after pushing back the anticipated close of their merger deal, Thales and Gemalto have announced that they’ve obtained another regulatory clearance needed for the project. The latest is from South Africa’s Competition Commission, the seventh of 15 approvals needed from regulatory authorities around the world in order for Thales to proceed with…

Thales and Gemalto Expect Merger Deal to Close in Q1 2019

Thales and Gemalto Expect Merger Deal to Close in Q1 2019

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…

HID Global Acquires Crossmatch

HID Global Acquires Crossmatch

“Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfill the promise of biometrics in critical identity applications.” –Stefan Widing, President and CEO, HID Global ASSA ABLOY, the parent company of HID Global, has acquired secure identity solutions provider Crossmatch. In announcing the acquisition, the…

LumenVox, VoiceTrust Announce Merger Under Dutch VC Firm

LumenVox, VoiceTrust Announce Merger Under Dutch VC Firm

San Diego-based speech recognition firm LumenVox and Munich-based voice recognition specialist VoiceTrust have merged to form a new company focused on offering speech-driven biometric authentication solutions. The new company, which has not yet been named, is majority owned by Ramphastos Investments, a venture capital firm based in the Netherlands. In a statement, LumenVox and VoiceTrust…

Thales’ Gemalto Acquisition Cleared by Committee on Foreign Investment in the United States.

Thales’ Gemalto Acquisition Cleared by Committee on Foreign Investment in the United States.

“They have also received antitrust clearances from China, Israel, and Turkey; all told, they have received six of the 14 regulatory clearances needed from authorities around the world in order for the merger to happen.” Thales and Gemalto have cleared another major hurdle as they race toward their desired merger: Thales’ acquisition of Gemalto has…

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