EU approve Advent’s acquisition of Morpho subject to smartcard business sale
European Union antitrust regulators have approved private equity firm Advent International‘s €2.4 billion (US$2.57 billion) acquisition of Safran’s identity and…
morpho
Safran in exclusive talks to sell biometrics division to Advent for $2.7B
According to a report in Bloomberg, Safran has entered exclusive negotiations to sell its Safran Identity & Security division (formerly…
Advent said to lead bidders for Morpho purchase with $2.7B offer
Advent International Corp. is the leading bidder for Safran’s Morpho biometrics and security unit after making a 2.4 billion euro…
Safran to decide on Morpho buyer by end of month
Safran is expected to make a decision on the acquisition of its Morpho biometrics and security unit for more than…
Safran narrows Morpho acquisition to five bidders
Safran has narrowed the sale of its biometric identification unit Morpho to a shortlist of five bidders including SIM card…
Safran expanding its business activities in Central America
Safran Identity & Security announced it is expanding its business activities in Central America and has acquired the former office…
Biometrics and border security, law enforcement and facial recognition trending this week
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Industry insight…
Advent makes a bid for Safran’s biometric identification unit
Reuters is reporting that private equity fund Advent has made a bid for Safran’s biometric identification unit Morpho with the…
UAE airports implementing Morpho’s iris at a distance technology
Morpho (Safran) has recently implemented several new touchless biometric technologies, such as on-the-move, non-intrusive systems, which have helped open up…
Biometrics in financial services, online authentication, privacy and access control trending this week
Here is a recap of the most popular biometrics industry news that appeared on BiometricUpdate.com this past week. Financial services…
