Precise Biometrics finalize acquisition of NexID Biometrics

Precise Biometrics, a leader in fingerprint software, has finalized the acquisition of the assets of NexID Biometrics, a specialist in spoof mitigation and liveness detection solutions.

Precise Biometrics has finalized the acquisition of NexID Biometrics after government approvals. Precise Biometrics informed the market about the acquisition through a press release on December 13, 2016.

NexID Biometrics develops and licenses liveness detection software that enables more secure fingerprint authentication. The acquisition enables Precise Biometrics to expand its offering of fingerprint recognition software with industry leading liveness detection that provides competitive advantages, strengthen the company´s position as the leader in fingerprint software and create further conditions for growth in the booming market for fingerprint technology.

NexID Biometrics turnover for 2016 was 2.2 million SEK, showing a minor loss. The company will be integrated in Precise Biometrics business area Fingerprint Technology, including three full-time employees.

FOR FURTHER INFORMATION, PLEASE CONTACT
Håkan Persson, CEO, Precise Biometrics AB    
Phone; +46 46 31 11 05 or +46 734 35 11 05
E-mail;
hakan.persson@precisebiometrics.com

ABOUT PRECISE BIOMETRICS
Precise Biometrics is a market leading supplier of solutions for convenient and secure authentication of people’s identity. We develop and sell fingerprint software and mobile smart card readers that provide the market’s best user experience and security. Our solutions are used hundreds of millions of times every day by people all over the world and are marketed together with strong business partners. For more information, please visit; http://precisebiometrics.com    

Tags:

About Us

Precise Biometrics is a market-leading provider of solutions for fingerprint recognition to prove people's identities. With top-of-the-line expertise in fingerprint verification, Precise Biometrics offers fast, accurate and secure authentication of a person. The technology adds value to ID, enterprise and bank cards as well as access to mobile solutions (smart phones and tablets), computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users. For more information, please visit www.precisebiometrics.com

Subscribe

Documents & Links