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Greenbridge Partners increases its stake in NEXT Biometrics

Greenbridge Partners has upped its stake in NEXT Biometrics to 18 percent in a share issue that was first presented in March, according to a report by Reuters.

Greenbridge owned 16.72 percent of the Norwegian fingerprint technology firm before the share issue. According to the report, Greenbridge is the top shareholder in NEXT Biometrics.

Greenbridge was formed by investors Melker Schorling and Ola Rollén, the president and CEO of Swedish technology firm Hexagon.

In March NEXT reported improving gross margins and its Q4 2017 results.

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