HID Global, announced that it has acquired Crossmatch, a leader in biometric identity management and secure authentication solutions, from Francisco Partners. Crossmatch’s portfolio of products includes biometric identity management hardware and software that complement HID’s broad portfolio of trusted identity products and services, making HID Global one of the world’s major providers of fingerprint biometric technologies.
“Our acquisition of Crossmatch strengthens HID Global’s ability to offer innovative biometric identity solutions to hundreds of millions of users worldwide,” said Stefan Widing, President and CEO of HID Global. “Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfill the promise of biometrics in critical identity applications.”
Founded in 1996, the company boost a global network of development hubs and strategic sales offices. With the acquisition, HID Global gains industry-leading biometric identity management solutions for civil government, defense and commercial applications, as well as a secure multifactor authentication software solution.
Crossmatch’s public-sector biometrics business enhances HID’s reach into the immigration and border control, law enforcement, and military and defense markets. Whereas, the commercial biometrics business extends HID’s portfolio to include a broad array of single finger readers, modules, sensors and software developer kits (SDKs) for multiple vertical markets including – retail, financial, healthcare and OEM markets.
HID will also inherit Crossmatch’s single fingerprint sensors business that goes into point-of-sale (POS) terminal manufacturing and is also integrated with the major POS software applications. HID will also gain a unique secure authentication solution, DigitalPersona, that goes beyond the traditional multifactor approach to cybersecurity. DigitalPersona adds an array of risk-based factors, including behavioral biometrics, for secure, frictionless access to Windows and cloud, web, mobile and traditional applications.
