M&A

HID Global Acquires Australian Card Maker

HID Global Acquires Australian Card Maker

HID Global has made its latest strategic acquisition, buying secure card maker Placard. Based in Melbourne, Placard is said to be Australasia’s largest secure card manufacturer, producing more than 100 million cards annually. In Australia, it is the only Secure Plastic Card maker accredited by all of the country’s major schemes. In a statement announcing…

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…

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…

Broadcom to Buy Symantec’s Enterprise Security Business for $10.7B

Broadcom to Buy Symantec’s Enterprise Security Business for $10.7B

Chipmaker Broadcom has entered into an agreement to acquire the enterprise security business of Symantec Corporation for $10.7 billion. The deal is part of a larger effort on Broadcom’s part to diversify its business, with the company aiming to become a leading global provider of IT infrastructure solutions across both hardware and software. The acquisition…

HID Global to Acquire Passport Business of De La Rue

HID Global to Acquire Passport Business of De La Rue

HID Global has established an agreement to acquire the identity solutions business of UK-based De La Rue, a manufacturer of banknotes, tax stamps, and passports. In announcing the acquisition, HID Global asserted that it would strengthen its position in the global government-to-citizen identification market, adding that De La Rue has a “significant market presence in…

Mobile Payments Specialist Boku Acquires Danal, Inc.

Mobile Payments Specialist Boku Acquires Danal, Inc.

“The deal entails “a total consideration of $112 Million plus warrants,” according to a press release from the companies. It is expected to close by the year’s end.” Boku, a California-based mobile payments platform, is acquiring mobile authentication specialist Danal, Inc. The companies have signed an agreement for Boku to buy all of Danal’s outstanding…

Nuance Sells Document Imaging Division, to Focus Entirely on Voice and AI

Nuance Sells Document Imaging Division, to Focus Entirely on Voice and AI

Nuance Communications has signed an agreement to sell its Document Imaging division to Kofax, an automation software provider based in California. The deal is valued at $400 million in total. In a statement announcing the agreement, Nuance explained that selling off the Document Imaging division “enables Nuance to focus the business entirely on its conversational…

Thales, Gemalto Get South African Approval for Merger

Thales, Gemalto Get South African Approval for Merger

Just a week after pushing back the anticipated close of their merger deal, Thales and Gemalto have announced that they’ve obtained another regulatory clearance needed for the project. The latest is from South Africa’s Competition Commission, the seventh of 15 approvals needed from regulatory authorities around the world in order for Thales to proceed with…

Thales, Gemalto Adjust Expectations for Merger Closing Date

Thales, Gemalto Adjust Expectations for Merger Closing Date

The leadership at Gemalto and Thales are adjusting their expectations with respect to their proposed merger, announcing that they now expect the deal to close in the first quarter of 2019. The announcement comes after the news that the US Committee on Foreign Investment had given the merger its thumbs-up last month, marking the 6th…

Crossmatch Has Been Acquired by HID Global

Crossmatch Has Been Acquired by HID Global

“Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfill the promise of biometrics in critical identity applications.” –Stefan Widing, President and CEO, HID Global ASSA ABLOY, the parent company of HID Global, has acquired secure identity solutions provider Crossmatch. In announcing the acquisition, the…

LumenVox and VoiceTrust Merge to Form New Biometric Authentication Company

LumenVox and VoiceTrust Merge to Form New Biometric Authentication Company

San Diego-based speech recognition firm LumenVox and Munich-based voice recognition specialist VoiceTrust have merged to form a new company focused on offering speech-driven biometric authentication solutions. The new company, which has not yet been named, is majority owned by Ramphastos Investments, a venture capital firm based in the Netherlands. In a statement, LumenVox and VoiceTrust…

Thales, Gemalto Clear Another Hurdle in Merger Bid

Thales, Gemalto Clear Another Hurdle in Merger Bid

Thales and Gemalto have cleared another major hurdle as they race toward their desired merger: Thales’ acquisition of Gemalto has now been cleared by the Committee on Foreign Investment in the United States. The news comes soon after Thales’ and Gemalto’s announcement that they had received approval for the merger from investment regulators in Canada.…

Thales, Gemalto Make Progress On Regulatory Front Ahead of Merger

Thales, Gemalto Make Progress On Regulatory Front Ahead of Merger

Thales and Gemalto are reporting progress in their efforts to secure regulatory approval for their proposed merger. The companies have announced that they have attained investment regulatory approval in Canada. The news comes about a week after Thales’ announcement that it had extended the deadline for its acquisition offer of Gemalto. While the offer had…

Thales Extends Gemalto Acquisition Deadline Amid Antitrust Investigation

Thales Extends Gemalto Acquisition Deadline Amid Antitrust Investigation

“Essentially, according to the new arrangement, the acceptance period will close two weeks after the deal attains all necessary regulatory approvals, and no later than March 31st, 2019.” Thales has dramatically extended the deadline for its acquisition offer for Gemalto. The move comes soon after the European Commission’s announcement last month that it would open…

Synaptics, Dialog End Acquisition Talks

Synaptics, Dialog End Acquisition Talks

Synaptics and Dialog Semiconductor have ended their brief courtship, with the companies announcing that they have broken off talks about the latter’s potential acquisition of the former. In announcing the end of the negotiations, Dialog Semiconductor did not offer a reason; but a “source familiar with the matter” tells Reuters that Synaptics “balked at the…

New Acquisition to Enhance AI in Retail Robotics

New Acquisition to Enhance AI in Retail Robotics

A newly announced acquisition of an AI firm points to the growing role of artificial intelligence in retail. The purchaser is Bossa Nova, a US company focused on retail analytics, with offices in San Francisco, Mountain View, and Pittsburgh. And the AI firm it has acquired is HawXeye, which branched off from Carnegie Mellon University’s…