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

 

Sardine nets $70M in Series C funding for automated fraud prevention platform

Sardine, a startup that employs machine learning for fraud prevention, compliance and credit underwriting, has announced a $70 million Series…

 

Indonesia aims to boost digital ID uptake in bid for greater efficiency

Indonesia is digitizing its civil registration services in a bid for greater efficiency as the country’s citizens enjoy improved convenience…

 

Ondato’s biometric age verification joins NIST leaderboard

Ondato has joined the U.S. National Institute of Standards and Technology evaluation of age assurance algorithms in the latest update…

 

Digital identity strengthens super wallets, transforming India’s DPI

India’s digital transformation has been accelerated by its digital public infrastructure (DPI), a framework that enables seamless digital services through…

 

FaceTec free biometric IDV app launch for UR Codes kicks off adoption push

FaceTec has high hopes and big plans for UR Codes, its digitally signed biometric barcodes, and has released free Scan+Match…

 

Scytáles, Deutsche Telekom to develop age assurance component for EUDI

As the EU Digital Identity (EUDI) Wallet has progressed, its utility as a tool for age assurance has been a…

Comments

Leave a Reply

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

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events