Biometrics firms Mobbeel, IITH, Creatrix acquired; Causeway expands software portfolio | Biometric Update
Summary
According to a press release translated by Google Chrome, Sia says the acquisition of the multimodal biometric authentication solutions provider will propel its growth strategy by strengthening its offerings and capabilities in the cybersecurity field. “For us, this is an exciting new stage; the agreement reached will allow us to grow commercially, to be able to achieve increasingly ambitious goals as a company, provide the best service to our clients and offer more opportunities to our professionals,” says José Luis Huertas, CEO of Mobbeel. CMMB Vision, a Hong Kong-based mobile data connectivity and digital TV broadcaster, has announced it purchased a majority equity interest in biometrics, AI, and IoT provider IITH, incorporating it as a subsidiary with the aim of complementing its long-term business goals. Through expanded service delivery capacities and future innovation, we will be better able to address the identity and security challenges of businesses and organizations in a rapidly changing world.” The biometrics company is known for Biometrix, a face, fingerprint, iris, and voice identification and verification middleware. Earlier in 2019, Causeway acquired Donseed to add its cloud-based face and fingerprint biometric time and attendance and access control solution for industrial workplaces and construction sites.