LEDinside, a division of TrendForce, has recently published its 2017 IR LED/IR Laser and Optical Sensor Market Report. In the report, LEDinside states that that the global market scale of IR LED and IR laser components used in iris and facial recognition solutions will grow from $145 million in 2017 to $827 million in 2025.
Bjorn Leifsson, World Class owner and managing director, said the Iris ID technology has resulted in faster and more reliable service than previous fingerprint scanners and access card systems.
3M has entered into agreements to sell its Identity Management Business for $850 million to Netherlands-based Gemalto, a global provider of digital security.
Princeton Identity recently implemented an iris recognition system at Brevillier Village, a long term care and independent residential/retirement facility in Erie, Penn., that will make access control procedures easier and more convenient for both residents and staff.
FST Biometrics, a biometric identification solutions provider, announced that Gary Drutin has been nominated as CEO, replacing Major General (res.) Aharon Zeevi Farkash, who will shift his focus to the areas of innovation and strategy development.
ZKAccess received Lenel factory certification and joined the Lenel OpenAccess Alliance Program (OAAP). The ZKAccess OP-200 fingerprint reader interfaces with the OnGuard access control system to provide biometric capabilities without additional middleware.
Princeton Identity Inc. announced an agreement to license their patented iris recognition technology to Samsung Electronics Co. Ltd. for use in the new Samsung Galaxy Note 7 and other mobile devices.
Tyco Security Products introduced the Safran MorphoAccess SIGMA Series access control high-speed biometric and card reader featuring the MorphoWave Tower.
