M&A Deal Summary

Precise Biometrics Acquires NexID Biometrics

On December 13, 2016, Precise Biometrics acquired software company NexID Biometrics for 32M SEK

Acquisition Highlights

This is Precise Biometrics’ 1st transaction in the Software sector.
This is Precise Biometrics’ largest (disclosed) transaction.
This is Precise Biometrics’ 1st transaction in the United States.
This is Precise Biometrics’ 1st transaction in New York.

M&A Deal Summary
Date	2016-12-13
Target	NexID Biometrics
Sector	Software
Buyer(s)	Precise Biometrics
Deal Type	Add-on Acquisition
Deal Value	32M SEK

Target

NexID Biometrics

Potsdam, New York, United States
website

NexID Biometrics LLC is a software and technology supplier to the biometric-authentication industry. NexID develops and licenses liveness-detection software that enables fingerprint-scanning technologies to authenticate scanned images more accurately, and with greater confidence, by mitigating spoof-related risks. The company also provides testing and analysis of fingerprint-scanning devices to identify existing vulnerabilities to known spoofing strategies.

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