Precise Biometrics and NXP Sign License Agreement for Fingerprint Software
Precise Biometrics, a leader in fingerprint software, and NXP Semiconductors have signed a framework agreement covering Precise Biometrics fingerprint software. NXP will enhance its fingerprint reader security by integrating Precise Biometrics’ BioMatch™ fingerprint recognition software.The first business agreement under the framework agreement covers licensing of fingerprint software for embedding into NXP´s fingerprint reader products. The business agreement includes a per unit license fee, a fee for support and maintenance and a fee for non-recurring engineering efforts. Precise