Precise Biometrics inks algorithm license deal with Synaptics
17 December 2014 12:48 GMT

The license agreement is for Precise Biometrics’ Precise BioMatch solution.

 

Swedish biometric firm Precise Biometrics has entered into an agreement with California-based Synaptics that will see the former’s fingerprint algorithm included in the latter’s touch fingerprint sensors and solutions.

The license agreement is for Precise Biometrics’ Precise BioMatch solution, which the company says provides integration of fingerprint matching functionality for smartphones or tablets and is optimized for small touch sensors in mobile environments.

”The agreement with Synaptics strengthens our position as an independent vendor of fingerprint algorithms for mobile and other embedded devices. We have a proven track record of delivering fingerprint algorithms with industry leading performance. This agreement is an important step to further commercialize our fingerprint technology”, said Hakan Persson, CEO of Precise Biometrics.

The license agreement Precise Biometrics has signed with Synaptics includes a limited fixed fee for the right to use Precise BioMatch Mobile, which Precise Biometrics says will impact on its figures for the fourth quarter of 2014.

Synaptics revealed this week that it was launching a new range of touchpads with embedded fingerprint readers. The SecurePad meets the Fast Identity Online Alliance standards published this week which aim to replaces the era of passwords with universal authentication.

Instead of creating passwords, end users complete a fingerprint authentication on the laptop to register a public/private key pair, unique to the laptop, the user account, and online services.

Precise Biometrics also revealed this week that Can Durmaz was joining the company’s Nomination Committee as a result of Uno Jonsson leaving the Nomination Committee due to personal reasons.

 

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