corporate news

Signicat Eyes Global Expansion with New Chairman and CEO

Signicat Eyes Global Expansion with New Chairman and CEO

Signicat is making some changes in the executive suite as it moves forward with its plans for global expansion. The company has announced that Asger Hattel has been appointed as the company’s new CEO, while Johan Tjärnberg has been appointed as the new Chairman of the Board. Though he is stepping down from his executive…

Surgical Robotics Specialist Joins Proprio Advisory Board

Surgical Robotics Specialist Joins Proprio Advisory Board

Dr. Takeo Kanade has officially joined the Proprio Advisory Board. Proprio is a Seattle-based company that is currently working to develop imaging and mixed reality technology that will make it easier for surgeons to carry out more complex procedures.  To that end, Kanade is a computer vision and robotics specialist who currently serves as the U.A.…

Zwipe Announces Incoming New CFO

Zwipe Announces Incoming New CFO

Zwipe has announced a new Chief Financial Officer. Lars Kristian Solheim will take the position starting March 1st of 2020, when he will replace interim CFO Lars Myren. In a statement announcing the new executive’s appointment, Zwipe highlighted his relevant experience. After serving as a Senior Associate at the audit firm Ernst & Young, Solheim…

Cerence to Present at Two Investor Conferences in December

Cerence to Present at Two Investor Conferences in December

Cerence will be presenting at a pair of December investor conferences as the company continues to establish itself as an independent entity. The automotive AI specialist will first make its way to New York City for the 2019 Raymond James Technology Investor Conference, before heading across the country to put in an appearance at the…

Zwipe Streamlines Operations to Capitalize on Partnership with IDEMIA

Zwipe Streamlines Operations to Capitalize on Partnership with IDEMIA

Zwipe has announced that it will be streamlining its operations with a plan that is expected to save the company as much as NOK 40 million (around $4.38 million) every year. The program has already been approved by Zwipe’s Board of Directors, and will be fully executed before the end of November 2019. Any related…

COFIDES Provides €200,000 for FacePhi’s South Korean Expansion

COFIDES Provides €200,000 for FacePhi’s South Korean Expansion

FacePhi will be getting a boost from COFIDES as it looks to expand its foothold in South Korea. The facial recognition specialist first announced the creation of a FacePhi APAC subsidiary back in May, and has now revealed that it will receive a €200,000 investment from the COFIDES Fund for Foreign Investment Operations for Small…

Cerence Announces Chief Technology Officer

Cerence Announces Chief Technology Officer

“With the automotive space undergoing an unprecedented transformation on the eve of autonomous and increasingly connected vehicles, Cerence has an important role to play.” – Prateek Kathpal, CTO, Cerence Automotive tech specialist Cerence Inc. is continuing to pick up speed with the appointment of a new Chief Technology Officer. Prateek Kathpal comes to the company…

HID Global Finalizes De La Rue ID Acquisition

HID Global Finalizes De La Rue ID Acquisition

HID Global has completed its acquisition of De La Rue’s international identity solutions business, the company has announced. The latter company is a UK-based manufacturer of passports, bank notes, and tax stamps. When HID Global first announced its plan to buy De La Rue’s identity business back in June, the company noted the latter’s significant…

Aware Announces High Profile Executive Appointment

Aware Announces High Profile Executive Appointment

Aware, Inc. has announced another high-profile executive appointment, with a longstanding employee being promoted to the position of Chief Commercial Officer. Robert M. Mungovan has been with the company since 1997, when he came on as its Sales and Marketing Manager for Biometric Software. In 2000, Mungovan took on the position of Aware’s VP of…

HID Global to Acquire RFID Components Supplier

HID Global to Acquire RFID Components Supplier

HID Global has established an agreement to acquire LUX-IDent, an RFID components supplier based in the Czech Republic, the company has announced. The Czech firm designs and manufactures RFID components including inlays, prelaminates, key fobs, and glass transponders, among others; and its solutions range across Low Frequency, High Frequency, Near Field Communication, and RAIN RFID…

Nuance’s Automotive Spinoff Makes Market Debut

Nuance’s Automotive Spinoff Makes Market Debut

“…the company noted that its AI solutions are already being used in almost 300 million vehicles, from brands including Audi, BMW, Daimler, Ford, Geely, GM, SAIC, and Toyota, among others.” Cerence has officially spun off from its parent company, Nuance Communications, having become a standalone connected car solutions specialist on October 1st. The official spinoff…

Former IDEMIA Exec Appointed Aware CEO

Former IDEMIA Exec Appointed Aware CEO

A former IDEMIA executive is Aware, Inc.‘s new Chief Executive Officer. Robert – or “Bob” – Eckel joins the Aware team as both CEO and a new member of the Board of Directors, while previous CEO Kevin Russell has been named the company’s Chief Legal and Administrative Officer. Eckel served as CEO of MorphoTrust starting…

Yubico Hires New SVP to Develop YubiHSM Business

Yubico Hires New SVP to Develop YubiHSM Business

Yubico has announced that Wendy Spies will be taking over as the company’s SVP of New Business. Spies arrives after a stint at Microsoft, where she led business development for new cloud and AI products. Her role at Yubico will be similar, with an early emphasis on YubiHSM. To that end, Spies will leverage more…

FacePhi Gets €4M From Swiss Investment Firm

FacePhi Gets €4M From Swiss Investment Firm

Spain-based biometric authentication specialist FacePhi has received some significant financial backing from Nice & Green, a Swiss investment firm that offers investment capital to small and medium-sized listed companies. The latter has committed to delivering capital valued at 4 million euros through September of 2020. The backing will come in the form of warrants valued…

HID Global Acquires PKI Certificate Specialist HydrantID

HID Global Acquires PKI Certificate Specialist HydrantID

“In announcing the acquisition, HID Global framed HydrantID’s platform as a complement to its own IdenTrust digital certificate platform.” HID Global has made its latest strategic acquisition, with Salt Lake City-based HydrantID coming into the fold. The latter specializes in offering Public Key Infrastructure (PKI) solutions, primarily revolving around the issuance of digital certificates for…

ID R&D Looks to Boost Sales with Trio of New Executives

ID R&D Looks to Boost Sales with Trio of New Executives

ID R&D has added a trio of new executives to its team. The company has announced that Steve Cook has signed on as the new Global Head of Business Development, while Kim Martin has joined as the new VP of Marketing and Scott Rosenthal is stepping in as the new Director of Sales, Financial Services.…

SEC Filings Pave Way for Nuance Automotive Spinoff

SEC Filings Pave Way for Nuance Automotive Spinoff

“Cerence will build on Nuance’s robust foundation of voice- and Artificial Intelligence-based technology solutions for vehicles, capitalizing on growing market excitement around smart and connected car technologies.” Nuance Communications has officially filed its Form 10 Registration Statement with the US Securities and Exchange Commission for the spinoff of its automotive division, marking the latest important…

Goodix to Acquire NXP’s Voice and Audio Tech Business

Goodix to Acquire NXP’s Voice and Audio Tech Business

Goodix has entered into a definitive agreement to acquire NXP Semiconductors’ Voice and Audio Solutions (VAS) business. The deal includes offices in Europe and Asia as well as intellectual property holdings related to VAS. Having established itself as an important supplier of fingerprint scanning solutions for smartphones, including the in-display sensor technology that is currently…

Precise Biometrics CEO Highlights Three-pronged Progress in Q2 Update

Precise Biometrics CEO Highlights Three-pronged Progress in Q2 Update

“As previously communicated, we are expecting modest initial volumes of biometric smart cards to be delivered at the end of 2019, followed by larger volumes in 2020.” – Stefan K. Persson, CEO, Precise Biometrics Precise Biometrics has issued its latest quarterly results, depicting a dip in revenues but continuing progress in the company’s three key…

Pages