AuthenTec acquires software assets of EzValidation
Melbourne, Fla.-based AuthenTec has acquired the software assets of EzValidation, formerly a California-based provider of fingerprint sensor authentication and user interface software.
AuthenTec acquired the portfolio of EzValidation software, including its EzPassport fingerprint authentication software. This asset purchase is being recorded as in-process R&D and will be dilutive to AuthenTec’s first quarter earnings per share by $0.01 per share. The first offering of a bundled software solution from AuthenTec, which includes key features of EzPassport, is expected to be available in the third quarter of 2008. ![[end]](/resources/bullet/thirdfactor-4.gif)
