Swedish fingerprint verification technology company was bought by Samsung $650 million in cash

Samsung announced in Friday that it would take 650 million of dollars in cash to buy Swedish fingerprint verification technology company Fingerprint Cards. Currently, two company shareholders have approved the deal. Samsung said the deal would enhance the usability of the hit sensor technology and further broaden the use of Fingerprint cards advanced technology.

"The Bang sensor technology is perfect in every way and will be used by millions of of consumers around the world," said Kwon Oh-hyun, Samsung Electronics CEO. After acquiring fingerprint cards, we will create the future. ”

Fingerprint Cards CEO John Karlstrom (Johan carlstrom) said: "Samsung, like us, would like to provide this technology to consumers, and the deal will accelerate Samsung to achieve the plan." ”

After the deal is completed, fingerprint cards will become a new business unit for Samsung, Karlstrom will be the president of Samsung fingerprint cards, reporting directly to Bang.

The merger coincides with a previous rumor that Samsung plans to integrate fingerprint sensors into the next generation of Galaxy Note tablets.

At present, Apple has just launched the iphone 5s has been the first built-in fingerprint sensor. Another source said HTC's upcoming HTC One Max will also integrate fingerprint sensors.