Company:L-1 Identity Solutions

From HandWiki
Short description: American biometric technology corporation
L-1 Identity Solutions, Inc.
PredecessorViisage Technology, Inc. and Identix Incorporated
FoundedAugust 29, 2006
Headquarters
Stamford, Connecticut
,
OwnerBritish firm BAE Systems recently acquired L-1 Identity Solutions' U.S. counter-terrorism business.
Number of employees
2,264 (Dec 08)

L-1 Identity Solutions, Inc. is a large American defense contractor in Connecticut.[1] It was formed on August 29, 2006, from a merger of Viisage Technology, Inc. and Identix Incorporated.[2] It specializes in selling face recognition systems, electronic passports[3] such as Fly Clear,[4] and other biometric technology to governments such as the United States and Saudi Arabia. It also licenses technology to other companies internationally, including China .

On July 26, 2011, Safran (NYSE Euronext Paris: SAF) acquired L-1 Identity Solutions, Inc. for a total cash amount of USD 1.09 billion.[5] L-1 is now part of Morpho's MorphoTrust department.

Bioscrypt is a biometrics research, development and manufacturing company purchased by L-1 Identity Solutions. It provides fingerprint IP readers for physical access control systems, Facial recognition system readers for contactless access control authentication and OEM fingerprint modules for embedded applications.[6] According to IMS Research, Bioscrypt has been the world market leader in biometric access control for enterprises (since 2006) with a worldwide market share of over 13%.[7] In 2011, Bioscrypt was sold to Safran Morpho.[8]

References

  1. Klein, Naomi (2008). "China's All-Seeing Eye". Rolling Stone. https://www.rollingstone.com/politics/story/20797485/chinas_allseeing_eye/. "L-1 projects its annual revenues will hit $1 billion by 2011, much of it from U.S. government contracts." 
  2. "Viisage and Identix Merge to Form L-1 Identity Solutions, Reflecting a Singular Focus on Protecting and Securing Personal Identities; Company's Stock Will Trade at NYSE:ID; CEO and Chairman Robert LaPenta to Ring Opening Bell Tomorrow" (in en). 2006-08-29. https://www.businesswire.com/news/home/20060829005740/en/Viisage-Identix-Merge-Form-L-1-Identity-Solutions. 
  3. Gertz, Bill (2008-05-16). "Passport cards called security vulnerability". The Washington Times. http://www.washingtontimes.com/apps/pbcs.dll/article?AID=/20080516/NATION/662238118/1001. "The agency has contracted with L-1 Identity Solutions Inc. to produce electronic-passport cards as a substitute for booklet passports for use by Americans who travel frequently by road or sea to Canada, Mexico and the Caribbean." 
  4. "L-1 Identity Solutions Joins Clear Team to Lead All Airport Deployments for Nation's Leading Registered Traveler Program; ARINC to Continue Program Support". http://ir.l1id.com/releasedetail.cfm?ReleaseID=238239. 
  5. "Archived copy". http://files.shareholder.com/downloads/LONE/0x0x403894/a031ce72-eff2-4dff-a49d-58628a660093/ID_News_2010_9_20_M_%26_A.pdf. 
  6. "Industry Canada". Industry Canada. 2011. http://www.ic.gc.ca/app/ccc/srch/nvgt.do?sbPrtl=&prtl=1&estblmntNo=123456217170&profile=cmpltPrfl&profileId=1861&app=sold&lang=eng. "Bioscrypt Inc. - Complete Profile" 
  7. "Bioscrypt Named Global Market Leader for Biometric Physical Access Control Readers". PR Newswire. 2011. http://www.prnewswire.com/news-releases/bioscrypt-named-global-market-leader-for-biometric-physical-access-control-readers-58138327.html. "World Market Leader in Biometrics: Bioscrypt" 
  8. www.morpho.com

External links