News and insight into biometric identification and authentication

bioMETRX acquires controlling stake in Biometric Solutions

Tuesday, September 30, 2008

Biometric developer, bioMETRX, has issued a letter of intent to purchase a controlling stake in fellow biometric technology developer Biometric Solutions. The terms of the acquisition haven’t been finalized yet. [end] 

StarChip and CEA-Leti have inked a partnership agreement to develop a contactless front end for smart card applications.

The partnership includes technology and know-how transfer to StarChip. With this combined experience in secure integrated circuit development and contactless technology, StarChip will roll out state-of-the-art smart card products to enable applications in transport, banking and identity.

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Identive Group Inc. has announced a deal to acquire a majority stake in Hamburg, Germany-based payment solution AG, a cashless payment system provider for stadiums, arenas and other types of entertainment venues.

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AuthenTec announced the acquisition of all the assets of Proxure, which includes intellectual property and software products relating to their syncing and cloud-based storage services.

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London-based Smart Media Innovation Limited (SMI), a developer of mobile applications for secure ID management, has acquired the global rights to Datastrip’s product line of mobile biometric-enabled devices for secure ID verification, giving SMI the ability to offer a full mobile access and ID verification line.

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ImageWare Systems announced that the Los Angeles World Airports (LAWA), an agency that oversees Los Angeles International (LAX) airport, LA/Ontario International airport and Van Nuys airport, has placed an order for a number of biometric identity management and credentialing solutions.

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SMARTRAC announced that the company recently signed an agreement to acquireNeology Inc., a provider of integrated solutions for the tolling, electronic vehicle registration (EVR) and public safety markets.

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