Apple’s AuthenTec Buy Validates Biometrics, Valid Tech Says
August 14, 2012 Alex Woodie
The folks at IBM i biometric software maker Valid Technologies were heartened by the recent bid by Apple to buy biometric chip maker AuthenTec for $356 million. The CEO for Valid Tech, which uses AuthenTec’s fingerprint matching technology in its flagship IBM i-based VSSA product, says the deal could help spur the adoption of biometric authentication. Greg Faust, the founder and CEO of Boca Raton, Florida-based Valid Technologies, says its partnership with AuthenTec shouldn’t be affected by its deal with Apple. Faust says he sees no reason why Apple wouldn’t accept revenue from companies like Valid that OEM AuthenTec’s technology–in |