
Pangiam, a portfolio company of the private equity firm AE Industrial (AEI) Partners, in March acquired an integrated facial recognition system from a Washington, D.C.-area airport authority that developed the system several years ago to meet Department of Homeland Security requirements to use biometrics to verify the departure of foreign nationals from the U.S. in accordance with their visa terms. While veriScan was originally developed to meet the challenges of the biometric exit mandate that is still being implemented by…