Fujitsu Frontech North America Inc., a wholly-owned subsidiary of Fujitsu Frontech Limited, a provider of innovative technology and IT-based business strategies and applications, announced the acquisition of Fulcrum Biometrics, LLC, a Texas-based biometric hardware, software and solutions provider. With the close of this acquisition, Fujitsu Frontech North America Inc. and Fulcrum Biometrics, LLC form to become a premier provider of biometric authentication and access management solutions.
“The acquisition of Fulcrum Biometrics, LLC will further strengthen our competitiveness in a market where digital innovation is advancing at an unprecedented pace. Together with Fulcrum Biometrics, LLC, we will expand our business beyond just palm vein authentication and offer a wider range of multi-modal biometric solutions that will deliver increased levels of accuracy and security, which both our North American and global customers are requiring,” said Michi Sugawara, President and CEO of Fujitsu Frontech North America Inc.
The transaction represents a significant commitment by Fujitsu Frontech North America Inc. to strengthen its biometrics business in North America and global identity management markets, attests the company, including multi-factor authentication mandates imposed by new state and federal laws regarding the ability of financial institutions and healthcare providers to share patient information.
Per a press statement, "Fujitsu will not only improve its product offerings for financial institutions and healthcare providers, but will also expand its biometric business globally by providing secure and hygienic identification solutions for government, business and private sectors." With touchless, biometric identification technologies like its PalmSecure palm vein technology, Fujitsu says it will continue "to contribute to a more secure society, offering exceptionally hygienic contactless identification solutions."
Fulcrum Biometrics, LLC has been offering cutting-edge biometric authentication solutions and live-scan civil applicant background checking and criminal booking systems to government and private industry users since its founding in 2002. The company will continue to operate under the leadership of Ken Nosker as Chief Executive Officer, and its portfolio of innovative biometric solutions will play a key role in providing applications that combine Fujitsu’s PalmSecure identification with other biometric modalities, including fingerprint, face, iris and voice recognition.
“We are extremely pleased to partner with Fujitsu Frontech North America Inc. as we push to simplify the inclusion of biometrics into any new or existing mobile, desktop, or web-based application,” commented Fulcrum's Nosker. "This transaction and Fujitsu’s commitment to aggressively pursue multi-modal biometric solutions in partnership with Fulcrum paves the way for both companies to excel as the leading providers of cutting-edge biometrics. This partnership will not only benefit the companies’ customers, but will also strengthen Fulcrum’s longstanding partnerships with its technology providers as we create a formidable alliance that will allow Fulcrum to gain market share and aggressively expand into new markets."
Hiromu Kawakami, President and Representative Director of Fujitsu Frontech Limited, concluded, “We are delighted that Fujitsu Frontech North America Inc. has strengthened its relationship with Fulcrum Biometrics, LLC, with whom we have a long-standing business relationship. As a result, we can expect to further expand our solutions business in North America by taking advantage of the state-of-the-art information and communication technology developed by both companies. By combining Fulcrum's strengths in biometric authentication and advanced integration with their customer base, with palm vein authentication technology and know-how of the Fujitsu Frontech Group, we are in a great position to challenge new business models and markets.”
Learn more at www.fujitsufrontechna.com and www.fulcrumbiometrics.com.
