L-1 Identity Solutions Explained

L-1 Identity Solutions, Inc.
Predecessor:Viisage Technology, Inc. and Identix Incorporated
Foundation:August 29, 2006
Defunct:July 26, 2011
Successor:Idemia
Location City:Stamford, Connecticut
Location Country:U.S.
Owner:British firm BAE Systems recently acquired L-1 Identity Solutions' U.S. counter-terrorism business.

L-1 Identity Solutions, Inc. is a large American defense contractor in Connecticut.[1]

History

L-1 Identity Solutions was formed on August 29, 2006, from a merger of Viisage Technology, Inc. and Identix Incorporated.[2] It specializes in selling face recognition systems, electronic passports,[3] such as Fly Clear,[4] and other biometric technology to governments such as the United States and Saudi Arabia. It also licenses technology to other companies internationally, including China.

On July 26, 2011, Safran (NYSE Euronext Paris: SAF) acquired L-1 Identity Solutions, Inc. for a total cash amount of USD 1.09 billion.[5] L-1 was part of Morpho's MorphoTrust department which rebranded to Idemia in 2017.[6]

Bioscrypt is a biometrics research, development and manufacturing company purchased by L-1 Identity Solutions. It provides fingerprint IP readers for physical access control systems, Facial recognition system readers for contactless access control authentication and OEM fingerprint modules for embedded applications.[7] According to IMS Research, Bioscrypt has been the world market leader in biometric access control for enterprises (since 2006) with a worldwide market share of over 13%.[8] In 2011, Bioscrypt was sold to Safran Morpho.

External links

Notes and References

  1. News: China's All-Seeing Eye . Rolling Stone . https://web.archive.org/web/20080517165412/http://www.rollingstone.com/politics/story/20797485/chinas_allseeing_eye . dead . May 17, 2008 . L-1 projects its annual revenues will hit $1 billion by 2011, much of it from U.S. government contracts. . Naomi . Klein . 2008.
  2. Web site: Viisage and Identix Merge to Form L-1 Identity Solutions, Reflecting a Singular Focus on Protecting and Securing Personal Identities; Company's Stock Will Trade at NYSE:ID; CEO and Chairman Robert LaPenta to Ring Opening Bell Tomorrow. 2006-08-29. www.businesswire.com. en. 2019-05-03.
  3. News: Passport cards called security vulnerability . Bill . Gertz . The Washington Times . 2008-05-16 . The agency has contracted with L-1 Identity Solutions Inc. to produce electronic-passport cards as a substitute for booklet passports for use by Americans who travel frequently by road or sea to Canada, Mexico and the Caribbean..
  4. Web site: L-1 Identity Solutions Joins Clear Team to Lead All Airport Deployments for Nation's Leading Registered Traveler Program; ARINC to Continue Program Support . 2008-05-19 . https://archive.today/20120719171716/http://ir.l1id.com/releasedetail.cfm?ReleaseID=238239 . 2012-07-19 . dead .
  5. Web site: Archived copy . 2020-02-21 . https://web.archive.org/web/20160304052722/http://files.shareholder.com/downloads/LONE/0x0x403894/a031ce72-eff2-4dff-a49d-58628a660093/ID_News_2010_9_20_M_%26_A.pdf . 2016-03-04 . dead .
  6. Web site: Secure authentication giant OT-Morpho is now IDEMIA, pushes augmented identity . 2024-02-04 . SecureIDNews . en-US.
  7. News: Industry Canada . Industry Canada . Bioscrypt Inc. - Complete Profile . 2011 . 2016-04-20 . 2013-10-02 . https://web.archive.org/web/20131002102549/http://www.ic.gc.ca/app/ccc/srch/nvgt.do?sbPrtl=&prtl=1&estblmntNo=123456217170&profile=cmpltPrfl&profileId=1861&app=sold&lang=eng . dead .
  8. News: Bioscrypt Named Global Market Leader for Biometric Physical Access Control Readers . PR Newswire . World Market Leader in Biometrics: Bioscrypt . 2011.

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