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June 26, 2017
IDENTOS has finalized an agreement with Precise Biometrics to take over their mobile smartcard solutions business, including smartcard readers under the Tactivo ™ brand. The acquisition of this business unit and the Tactivo ™ brand is complimentary for IDENTOS and will solidify the company’s growing position in secure mobile authentication field. Existing Tactivo ™ customers will have the same trusted brand and access to support, along with new smartcard hardware and software security product offerings that enable secure mobile solutions.“IDENTOS has extensive experience with mobile card readers in the mobile e-health and Government security sectors and views this agreement as an outstanding opportunity to further develop Tactivo in combination with our expertise in the field of mobile encryption solutions. We’ll be working in close collaboration with Precise Biometrics to make the takeover of Tactivo as smooth as possible for existing customers and partners,” said Robert Schneider, CEO of IDENTOS.“This is a good solution for Precise Biometrics, which enables us to devote our full attention to developing our offering in the Fingerprint Technology business area. It is at the same time a good solution for our customers and partners, as IDENTOS will make the necessary investments in the new development of Tactivo products to support future mobile devices,” said Håkan Persson, CEO of Precise Biometrics.The transition of business operations will commence immediately, beginning in North America and Central Europe with remaining regions to be completed by December 31st. IDENTOS is committed to delivering the next generation of Tactivo ™ products with announcements expected in early fall 2017.