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Identity-security firm HID Global has acquired Lumidigm, an authentication technology company specializing in imaging technology, software and biometric fingerprint sensors.
The merger will allow Lumidigm to "expand its current business while also extending proven technology beyond finger- and hand-based applications into iris, facial and other smart imaging systems," Bob Harbour, Lumidigm's executive chairman, said in a Monday press release. "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."
"Lumidigm's proven product portfolio will enhance our current strong authentication offerings, especially for healthcare, financial institutions and other high-security environments," HID Global President and Chief Executive
HID Global is headquartered in Austin, Texas and has over 2,100 employees internationally. Lumidigm is headquartered in Albuquerque, N.M.
Imperial Capital was the financial advisor to Lumidigm in this transaction. The terms of the deal were not disclosed.
