FB pixel

Idex CEO-affiliated company’s stake rises to above 10%

Idex CEO-affiliated company’s stake rises to above 10%
 

Altea AS now holds 10.77 percent ownership in Idex Biometrics, after the completion of both tranches in a private placement of 7.3 million shares at NOK 3.00 each.

Idex CEO Anders Storbråten sits on the board of directors at Altea AS.

Tranche 2, consisting of 1,642,363 shares, was approved by the company’s board last week. Altea AS subscribed for 975,695 shares, so as of the tranche’s completion, Altea AS holds just over 7 million shares in Idex.

Related Posts

Article Topics

 |   | 

Latest Biometrics News

 

Indonesia seeks facial liveness technology for national digital ID

Indonesia is seeking to strengthen the security of its digital ID ecosystem with a market consultation focused on biometric liveness…

 

Aylo backs Apple’s device-based age assurance model in Australia

Ponography streaming giant Aylo has released a statement welcoming age-verified Australian iOS users back to its flagship site, Pornhub, and…

 

Biometric authentication still needs an accessible fallback

By Manisha Varma Kamarushiis, UX & Accessibility Researcher Biometric authentication has changed the way people unlock devices and access sensitive…

 

Union Biometrics scores major military, financial sector deals

Union Biometrics has won the largest contract in the company’s history: a 17.1 billion won (about $12.8 million) deal with…

 

Palm vein biometrics pilot launched at Brazil-Paraguay bridge border crossing

A pilot project newly launched by the Brazilian Federal Revenue Service sees palm biometrics deployed for pedestrian crossings at the…

 

Twyn earns iBeta Level 2 for facial liveness detection

Brazil-based identity firm Twyn’s facial liveness technology has achieved iBeta Level 2 compliance against the ISO/IEC 30107-3 standard for Presentation…

Comments

Leave a Reply

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

Market Intelligence

Biometric Update Podcast

Featured Company

Most Read This Week

White Papers

Latest Webinars

Biometrics Industry Events