Monday, October 14, 2013

Fingerprint M&A is so hot right now

Apple's integration of a fingerprint sensor in its iPhone has put other handset makers under pressure to follow suit.

But news that Samsung had bought Swedish company Fingerprint Cards &8212; promptly denied by both companies &8212; seems to have been a hoax, possibly perpetrated as part of a securities fraud scheme. See: The curious case of Samsung's 'purchase' of biometrics company Fingerprint Cards, at NDTV Gadgets.

Meanwhile, Capacitive touch specialist Synaptics has agreed to buy biometric authentication firm Validity for $255 million (IT PRO)