December 21, 2012 -
“With the addition Ismosys, INSIDE now has a strong presence in an important market, where we believe our extensive portfolio of security offerings will provide compelling solutions for customers,” Christian Fleutelot, executive vice president, digital security at INSIDE Secure said. “INSIDE will continue to expands its global sales network in strategically important regions to better serve our customers and exploit new opportunities with companies whose products allow people to securely make payments, identify themselves, protect intellectual property, access information and subscribe to services.”
According to the company, Ismosys will sell and support INSIDE Secure’s complete product line.
“We are extremely pleased to be working with INSIDE Secure in the Turkish market. The product and service offering will attract several of the major customers that we are already actively engaged with and we look forward to developing a strong long term revenue stream for both INSIDE Secure and ourselves,” Ercument Yagmur, managing director of Ismosys Turkey said.
As reported previously in BiometricUpdate.com, INSIDE Secure acquired the embedded security systems division of AuthenTec for US $48 million last month. In July, Apple purchased AuthenTec for approximately US$365 million.