France's SAFRAN Group this month agreed to acquire the biometrics business of Motorola [MOT] in a deal that would expand its already robust fingerprint matching business in the U.S. 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 homeland security where…
SAFRAN to Acquire Motorola’s Biometric Matching Business
SHARE:
