HID Global has acquired biometric identity management and secure authentication solutions, Crossmatch, from Francisco Partners. HID Global states that Crossmatch’s portfolio of products complements its own, making the company one of the world’s major providers of fingerprint biometric technologies.
“Our acquisition of Crossmatch strengthens HID Global’s ability to offer innovative biometric identity solutions to hundreds of millions of users worldwide,” said Stefan Widing, President and CEO of HID Global. “Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfil the promise of biometrics in critical identity applications.”
Founded in 1996 and based in Palm Beach Gardens, Florida, Crossmatch employs over 270 professionals across a global network of development hubs and strategic sales offices. With the acquisition, HID Global gains biometric identity management solutions for civil government, defense and commercial applications, as well as a secure multifactor authentication software solution.
Crossmatch’s public-sector biometrics business enhances HID’s reach into immigration and border control, law enforcement, and military and defense markets with products and solutions that include criminal booking, rapid mobile identification, background checks, security clearance processing, military base access, counter-terrorism and mobile intelligence gathering, visa processing and citizen services.
The Crossmatch commercial biometrics business extends HID’s portfolio to include a broad array of single finger readers, modules, sensors and software developer kits (SDKs) for multiple vertical markets including – retail, financial, healthcare and OEM markets. This is a global business supporting a large volume of integrated partners. Crossmatch is also a provider of single fingerprint sensors to point-of-sale (POS) terminal manufacturers and is integrated with the major POS software applications.
HID also gains a secure authentication solution, DigitalPersona, that goes beyond the traditional multifactor approach to cybersecurity. DigitalPersona adds an array of risk-based factors, including behavioural biometrics, for secure, frictionless access to Windows and cloud, web, mobile and traditional applications.
“I am very pleased that Crossmatch is joining the HID family,” said Richard Agostinelli, CEO of Crossmatch. “Countering today’s advanced security threats requires innovative, comprehensive identity management solutions incorporating both biometric and non-biometric components. Our market-leading biometric identity management solutions and unique composite authentication solution perfectly complement HID’s already robust offerings. This will enable us to provide our global customers with an even broader range of trusted identity solutions, and our employees with increased opportunity for professional growth.”
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