Update: It seems this press release was indeed false.
Fingerprint Cards AB, a Swedish company that develops biometric components and technologies for fingerprint identification, has seemingly announced it has been acquired by Samsung.
The “definitive agreement”, according to the press release, will see Samsung part with $650m in cash to take the company on board, and will likely see Samsung start to implement swipe sensor technology across a broader range of products.
We’ve reached out to Samsung for confirmation on this deal, and will update when we hear back.
When Apple recently introduced touch ID fingerprint scanning with the iPhone 5s, we noted that it would kick-off a biometric adoption race. Indeed, if Fingerprint Cards does indeed become a new business division within Samsung in the wake of any deal, it wouldn’t be a huge surprise, but until we get official confirmation from Samsung on this deal, we’ll be treating this with caution.
➤ Samsung Electronics to acquire Fingerprint Cards AB
