HID Global Acquires Biometric Leader Lumidigm, Enhances Authentication Portfolio
Acquisition brings unique capabilities for intelligent biometric fingerprint acquisition and authentication.
Lumidigm’s technology solves problems with traditional biometric technology, whose contact-based measurement accuracy is degraded by non-ideal skin condition, poorly-defined or damaged fingerprints, and adverse environmental conditions. In contrast, multispectral imaging technology uses multiple light spectrums and advanced polarization techniques to extract unique fingerprint characteristics from both the surface and subsurface of the skin. This additional data enables multispectral imaging-based solutions to deliver the highest-quality fingerprint image and to more effectively discriminate real from imposter or “spoof” fingerprints.
“This acquisition will enable Lumidigm to take advantage of HID Global’s size, channel and product development strengths to exploit a variety of important new market opportunities,”
Imperial Capital, LLC served as the exclusive financial advisor to Lumidigm in this transaction.
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About HID Global
HID Global is the trusted source for innovative products, services, solutions, and know-how related to the creation, management, and use of secure identities for millions of customers around the world. The company’s served markets include physical and logical access control, including strong authentication and credential management; card printing and personalization;
Lumidigm Inc., a global leader in authentication solutions is dedicated to enabling convenient, secure, and reliable identification of people, products and credentials. Developed with “real world” performance as a priority, Lumidigm’s multispectral imaging technology, innovative software and biometric fingerprint sensors allow customers to know “who” or “what” to a high degree of certainty. Lumidigm and its strategic partners have met challenging authentication requirements in markets such as banking, healthcare, entertainment, and government services. The Lumidigm Advantage is also suitable for industrial, commercial, and transportation applications. Lumidigm is headquartered in Albuquerque, New Mexico. For more information, visit www.lumidigm.com or follow us on Twitter @Lumidigm (http://twitter.com/
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