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SAFRAN To Acquire Motorola’s Biometric Matching Business

DDN

Thursday, October 23rd, 2008

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France's SAFRAN Group yesterday said it has agreed to acquire the biometrics business of Motorola [MOT] in a deal that would expand its already robust fingerprint matching business in the United States and globally. Terms of the pending transaction were not disclosed. SAFRAN, which is doing the deal through its identity solutions business Sagem Securite, expects to complete the purchase in the first quarter of 2009. "This acquisition allows Sagem Securite to strengthen its position in the U.S. market for…

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