STMicroelectronics announced that it has completed the acquisition and
licensing of IP from Veridicom Inc. for technologies and products in the field
of fingerprint biometric security.
All the IP, rights and developments of the Protector Suite(TM) line of PC
security software, along with the Protector Suite trademarks, have been
acquired by ST. Together with this technology acquisition, ST has secured the
related know-how by employing Veridicom’s full Protector Suite software
development team based in Prague, Czech Republic.
In addition to the Protector Suite assets, ST has acquired the assets and
exclusive rights to manufacture PC peripherals based on the mechanical designs
of the Veridicom biometric reader and biometric smart card reader products.
These PC security peripherals, designed to provide security and convenience in
consumer and professional network and Internet environments, will be adapted to
make use of ST’s TouchChip(R) silicon fingerprint sensor.
“We are excited about this opportunity to enrich the TouchChip product offering
by adding a full PC Security Suite and Professional Peripheral designs
combining fingerprint biometrics with PC/SC compliant smart card readers,” said
Alan Kramer, Vice President and Director of the ST’s TouchChip Business Unit.
“Our enlarged capability now allows us to offer all the elements of a
cost-effective security system based on fingerprint authentication.”
ST’s TouchChip product family includes a full range of turnkey biometric
solutions enabling customers to easily embed the world’s leading fingerprint
acquisition and authentication solutions directly into their products. Offering
consumer-level convenience with the electronic security of biometrics, the
TouchChip opens up new possibilities for secure services over the Internet,
based on electronic end-user authentication.
With more than 100,000 units shipped over its first year of production, the
TouchChip is the most industrialized of the new generation of silicon
fingerprint sensors to bring cost-effective fingerprint security to the
marketplace. Combining the reliability of the TouchChip with the complete
fingerprint security applications and products ST has acquired from Veridicom
will strengthen ST’s position at the forefront of this promising and evolving
STMicroelectronics is the world’s third largest independent semiconductor
company. The Company shares are traded on the New York Stock Exchange, on
Euronext Paris and on the Milan Stock Exchange. The Company designs, develops,
manufactures and markets a broad range of semiconductor integrated circuits
(ICs) and discrete devices used in a wide variety of microelectronic
applications, including telecommunications systems, computer systems, consumer
products, automotive products and industrial automation and control systems. In
2000, the Company’s net revenues were $7,813.2 million and net earnings were
$1,452.1 million. Further information on ST can be found at www.st.com.