Precise Biometrics completes NexID purchase

12/02/17

Precise Biometrics has finalised the acquisition of the assets of NexID Biometrics, a specialist in spoof mitigation and liveness detection solutions.

Precise Biometrics has finalised the acquisition of NexID Biometrics after government approvals.

NexID Biometrics develops and licenses liveness detection software that enables more secure fingerprint authentication. According to Precise Biometrics, the acquisition enables it to expand its offering of fingerprint recognition software with industry leading liveness detection that provides competitive advantages, strengthen the company´s position as the leader in fingerprint software and create further conditions for growth in the booming market for fingerprint technology.

NexID Biometrics’ turnover for 2016 was 2.2 million SEK, showing a minor loss. The company will be integrated in Precise Biometrics’ Fingerprint Technology business area.

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Precise Biometrics completes NexID purchase
Precise Biometrics completes NexID purchase

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