May 28, 2014 -
Under the terms of the deal, Cypress will offer its customers fingerprint solutions based on IDEX’s fingerprint imaging and recognition technology, alongside Cypress’s portfolio of TrueTouch touchscreen controllers, CapSense touch-sensing controllers and trackpad solutions.
The two companies say the combination of Cypress’s solutions with IDEX’s technology can streamline the design of personal security and UIs for smartphones and other devices.
IDEX’s fingerprint sensor technology enables the controller to be separated from the capacitive sensing area, resulting in a compact and flexible form factor sensor.
“We are excited to work with Cypress to develop next-generation fingerprint-sensing products that will leverage their touch technology leadership and strong position in the mobile market with IDEX advanced fingerprint sensing technology,” Hemant Mardia, CEO of IDEX said. “The quickly emerging market for wearables and the Internet of Things will also represent a significant additional opportunity for our new solutions.”
“With the robust fingerprint recognition IP from IDEX, and with the support and broad adoption of our extensive capacitive touch-sensing product portfolio, our new fingerprint solutions will address a broad range of mobile and Internet-connected product platforms for our customers,” Hassane El-Khoury, Executive Vice President of the Programmable Solutions Division at Cypress said. “We envision a very strong product roadmap that will meet the rapidly growing demand for personal security.”
Reported previously in BiometricUpdate.com, In 2013 IDEX joined the FIDO Alliance and opened an office in Silicon Valley.