Amadeus agrees to buy IDEMIA's public security unit for $1.2 billion

"Amadeus agrees to acquire the public security division of French biometrics firm IDEMIA from private equity owner Advent International for $1.35 billion, representing a significant expansion of Amadeus's identity infrastructure ambitions."

"IDEMIA Public Security serves more than 600 government, state, and federal agencies globally, maintaining biometric deployments across more than 250 airports supporting over one billion travelers annually."

"The unit employs approximately 3,800 people worldwide and holds the intellectual property for the biometric algorithms used across the wider IDEMIA group."

Amadeus is set to acquire IDEMIA's public security division for $1.35 billion, enhancing its biometric identity systems. This acquisition will provide Amadeus with a global presence in biometric border control and airport identity systems. IDEMIA Public Security serves over 600 agencies worldwide and supports biometric systems in more than 250 airports, processing over one billion travelers annually. The acquisition aligns with Amadeus's strategy to expand beyond ticketing into airport operations technology, following its previous acquisition of Vision-Box.

Read at TNW | Business