HID Global, a provider of secure identity solutions, has announced the acquisition of Lumidigm, a provider of authentication solutions which uses multispectral imaging technology, and biometric fingerprint sensors to authenticate identities.
This acquisition enhances HID Global’s authentication portfolio and also positions the company to deliver a wide range of secure identity solutions.
“Lumidigm’s proven product portfolio will enhance our current strong authentication offerings, especially for healthcare, financial institutions and other high-security environments,” said HID Global President and CEO Denis Hébert. “The company has unique technology protected by a large patent portfolio and proprietary algorithms and has achieved strong penetration in key emerging markets including South America and Africa. Additionally, Lumidigm has a premier global customer base across multiple strategically important markets. We are extremely pleased to have Lumidigm’s talented team join the HID Global family.”
“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,” said Bob Harbour, Executive Chairman of Lumidigm and Chairman and President of the International Biometrics & Identification Association. “As part of HID Global, Lumidigm can expand its current business while also extending proven technology beyond finger- and hand-based applications into iris, facial and other smart imaging systems. The combined company will also have the opportunity to apply multispectral imaging capabilities to credential acquisition and authentication, gesture recognition, and other image-based process control systems, making multi-factor authentication on a single, integrated device a reality.”
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