Hannes Snellman Counsel to Fingerprint Cards on the Acquisition of Delta ID

Fingerprint Cards expands its reach in biometrics by acquiring Delta ID, the world’s leading supplier of iris recognition technology, for USD 106 million (approximately 938 MSEK). The acquisition of the Californian-based company means that Fingerprint Cards expands its business and its technology portfolio with biometric security solutions based on the human eye. The transaction is subject to regulatory approvals and expected to close during spring 2017.

Hannes Snellman acted as counsel to Fingerprint Cards with a core team including Claes Kjellberg, Moa Fritzon Torbjelt and Björn Kristiansson.