HID Global acquires Crossmatch
HID Global has acquired Crossmatch from private equity firm Francisco Partners. Terms were not disclosed.
With the acquisition, HID Global gains biometric identity management solutions for civil government, defense and commercial applications, as well as a secure multifactor authentication software solution DigitalPersona.
“Our acquisition of Crossmatch strengthens HID Global’s ability to offer innovative biometric identity solutions to hundreds of millions of users worldwide,” explains Stefan Widing, President and CEO of HID Global. “Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfill the promise of biometrics in critical identity applications.”
“Our market-leading biometric identity management solutions and unique composite authentication solution perfectly complement HID’s already robust offerings,” added Richard Agostinelli, CEO of Crossmatch. “This will enable us to provide our global customers with an even broader range of trusted identity solutions, and our employees with increased opportunity for professional growth.”
Crossmatch was founded in 1996 and based in Palm Beach Gardens, Florida. The company employs more than 270 people worldwide.