FB pixel

Salto acquires Cognitec to build face biometrics into access control portfolio

Salto acquires Cognitec to build face biometrics into access control portfolio
 

Cognitec will join the Salto Group, adding the German face biometrics company’s technology to the Spanish electronic security and access control firm’s portfolio.

Cognitec states that Salto Systems selected it for acquisition to meet market requests for facial recognition and AI solutions for its electronic access control and ticketing solutions. The acquisition is expected to boost Cognitec’s research and development efforts and market reach for its product line-up as it collaborates with Salto on new technologies for expanding biometric markets.

Both companies also share a similar corporate culture and innovative work environment which added to the compatibility, it adds.

Alfredo Herrera, Cognitec’s CEO and founder, says, “Becoming part of the Salto Group allows us to extend our capabilities, market reach and business connections. Since our founding, Cognitec has been the only company worldwide that has worked exclusively on face recognition technologies. Salto brings an equally focused and excellence-driven corporate history to this alliance. We are ready to reap the mutual benefits of joining our innovative drive and long-standing expertise.”

The Salto Group is an umbrella for companies acquired by Salto Systems. Other companies under the Salto Group include digital access control system companies Ganter, Conlan, Danalock, and Clay.

Cognitec says it will continue its business relations with government and commercial clients and retain its office locations and employees in Germany, the U.S., and Australia.

“Working with Cognitec gives Salto the opportunity to integrate emerging biometric and AI technologies into our Group products and platforms to create new solutions and services that benefit all of our clients,” comments Salto’s Chief Technology and Innovation Officer Marc Handels.

The terms of the acquisition were not disclosed.

Article Topics

 |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Foundational ID and biometric binding underpin digital trust

Biometric fundamentals and foundational ID are considerations at the very beginning of the identity lifecycle that are sometimes overlooked. If…

 

ICE withdraws $125M sole-source Thomson Reuters surveillance data deal

U.S. Immigration and Customs Enforcement (ICE) has withdrawn plans to award Thomson Reuters Special Services (TRSS) a five-year, $125 million…

 

TECH5 posts fastest search time in NIST IREX 10 iris evaluation

TECH5 has recorded the fastest search time in the current two-eye developer table of the National Institute of Standards and…

 

OCR Studio updates AI MRZ scanning for difficult remote ID captures

OCR Studio has updated its on-device software to scan the machine readable zones (MRZs) of passports, identity cards, visas, and…

 

Beyond accuracy: What NIST’s latest age estimation results mean for age assurance

The latest results of the National Institute for Standards and Technology (NIST)’s Face Analysis Technology Evaluation Age Estimation & Verification…

 

Latest round of BixeLab biometrics evaluations include Level 3 PAD, IAD tests

A pair of facial recognition providers have passed Level 3 independent biometric Presentation Attack Detection (PAD) and Injection Attack Detection…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Market Intelligence

Featured Company

Biometric Update Podcast

Most Read This Week

White Papers

Latest Webinars

Biometrics Industry Events