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biometrics

Biometrics turns inward, shifts security focus to knees

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01/29/2013

SOUTHFIELD, Mich.—While biometrics is often associated with fingerprints, iris recognition and voice identification, a new trend could involve identifying people by their kneecaps, according to EurekaAlert, an online science news service.

San Fran PE firm buys big biometrics company

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Wednesday, July 25, 2012

Cross Match Technologies, one of the largest providers of biometrics, has been acquired by PE firm Francisco Partners.

I spoke to David Buckley, when he was named CEO of Cross Match in March 2011.

At that time, he said his goal with the company was to “continue the evolution of the company from being just a technology player into providing a full set of solutions for the customer.”

Buckley is traveling until mid-August, but I’m hoping to speak to John Hinmon, who’s in charge of marketing and some M&A activity at the company.
I’ve left a couple of messages for Tom Ludwig COO at Francisco Partners, but haven’t heard back yet. The company web site says the group provides "transformational capital for technology companies."  

It has 55 portfolio companies I didn’t notice any other physical security companies when I glanced at their list of investments.  The FP statement notes the Cross Match has “secured significant contracts with the most discerning government clients.”  

Cross Match, which makes fingerprint, palm and full hand scanners, facial recognition, iris scanning, document readers and biometric software, has contracts with DoD and DHS among others. In the private sector side,  Cross Match works in hospitality, gaming and financial services. It has 400 employees, 5,000 customers worldwide and over 250,000 products deployed in over 80 countries

Founded in1996 and based in Palm Beach Gardens, Fla., Cross Match also has offices in Washington D.C., Quebec and in Jena, Germany. It does cross-engineering with its office in Germany and has several partners it works with in Asia.

Terms of the deal were not released.

 

SIA: Biometrics can cut fraud in Medicare, Medicaid

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07/03/2012

SILVER SPRING, Md.—Biometrics can reduce fraud in Medicare and Medicaid programs and provide assurance that patient information is protected, the Security Industry Association told the Senate Finance Committee on June 29.

Safran, L-1 merger gets final go-ahead

SSN Staff  - 
07/20/2011

PARIS—Safran has cleared the last hurdle in its acquisition of L-1 Identity Solutions, a Stamford, Conn.-based biometrics company, and expects to close the deal by the end of next week.

FST21 partners with HID for increased coverage, more secure access control

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12/15/2010

FRAMINGHAM, Mass.—FST21, a provider of intelligent controlled access and automation solutions and services, in early November announced a new technology partnership with access control provider HID for integration of its RFID technology into FST21’s intelligent building solution SafeRise.

Report finds biometrics ‘fallible’, but SIA disagrees

‘In the security world, biometrics are accepted as a viable solution for authorization and identification’
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11/23/2010

WASHINGTON—When the National Research Council released a report criticizing the use of biometric technology, many in the security industry took notice. The 2010 report, Biometric Recognition: Challenges and Opportunities found that “human recognition systems are inherently probabilistic and hence inherently fallible; the chance of error can be made small but not eliminated. System designers and operators should anticipate and plan for the occurrence of errors, even if errors are expected to be infrequent.”

Safran to buy L-1 for $1.09b cash

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09/23/2010

PARIS—Biometric giant L-1 Identity Solutions, which announced in March it was for sale, has a buyer: Safran, based here, announced Sept. 20 that it would acquire L-1 and its biometric and enterprise access solutions, secure credentialing solutions and enrollment services business in a $1.09 billion cash deal.

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