"Crossmatch is a strategic technological addition to the ASSA ABLOY Group. The company reinforces our current offering within biometric identity management,” ASSA ABLOY President and CEO Nico Delvaux said.
“Our acquisition of Crossmatch strengthens HID Global’s ability to offer innovative biometric identity solutions to hundreds of millions of users worldwide,” added Stefan Widing, EVP and head of HID Global. “Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfill the promise of biometrics in critical identity applications.”
Crossmatch, which was founded in 1996, is headquartered in Palm Beach Gardens, FL and has roughly 270 employees.
Sales for 2018 are expected to reach $125 million (approx. SEK 1,150 million).