M&A Deal Summary

Cross Match Technologies Acquires DigitalPersona

On April 21, 2014, Cross Match Technologies acquired information technology company DigitalPersona

Acquisition Highlights
  • This is Cross Match Technologies’ 1st transaction in the Information Technology sector.
  • This is Cross Match Technologies’ 1st transaction in the United States.
  • This is Cross Match Technologies’ 1st transaction in California.

M&A Deal Summary

Date 2014-04-21
Target DigitalPersona
Sector Information Technology
Buyer(s) Cross Match Technologies
Deal Type Add-on Acquisition
Advisor(s) Mooreland Partners LLC (Financial)

Target

DigitalPersona

Redwood City, California, United States
DigitalPersona, headquartered in Redwood City, California, offers a portfolio of biometrics-based identity verification solutions. Applications range from highly secure banking environments and complex government identity programs to point-of-sale retail systems. The Company's solutions verify the identity of more than 200 million authorized users worldwide and significantly reduce the risk of fraud, theft and unauthorized access.

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Buyer(S) 1

Buyer

Cross Match Technologies

Palm Beach Gardens, Florida, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Cross Match Technologies, Inc. is a provider of biometric identity management systems, applications and enabling technologies to governments, law enforcement agencies and businesses around the world. These solutions are used to capture and process the unique physical characteristics of individuals to establish and verify their identities. Offerings include multiple biometric technologies capable of wireless, mobile or stationary use that encompass fingerprint, palm and full-hand scanners, facial capture systems, iris scanning technology, document readers, biometric software, and related services.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1