Biometric identity systems provider Cross Match Technologies announced on Monday that it has been acquired by Francisco Partners, a California-based private equity firm.
Cross Match was founded in 1996 and offers a variety of multimodal biometric solutions. According to a statement, the company has more than 5,000 customers with more than 250,000 products deployed in over 80 countries.
"Cross Match has a long history of innovation and has secured significant contracts with the most discerning government clients," said Keith Geeslin, a partner at Francisco Partners. "Biometric technology is growing in importance, and Cross Match, with its strong management team and quality brand, is in an excellent position to capitalize on this growth."
Among the company’s customers include the U.S. Department of Defense, U.S. State Department and U.S. Department of Homeland Security.
"There is a growing global need for biometric tools to address a range of civil, defense, and local law enforcement issues," said Cross Match President and CEO David Buckley. "Cross Match is well-positioned through our work with governments and law enforcement organizations around the world to deliver these solutions. We look forward to working closely with Francisco Partners to further develop our technologies to meet these important market requirements."
