SAFRAN, an international high-technology group, announced on Wednesday (15 October) that the company through Sagem Securite, its wholly owned subsidiary and a provider of ID solutions based on biometrics, has entered into a definitive agreement to acquire the biometric business unit within mobile communication company Motorola.
Motorola's biometric business unit, which includes its Printrak trademark, designs, develops, integrates and maintains automated fingerprint identification systems (AFIS) for law enforcement, civil and commercial customers around the world.
This acquisition enables Sagem Securite to strengthen its position in the US market for homeland security. It is also an important step for SAFRAN to improve its product offering, expand production in the U.S. and reduce costs.
Financial details of the transaction, which is expected to close in the first quarter of 2009, were not available.
