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Tag: Morpho

General News

Robert Eckel appointed CEO of Morphotrust USA

August 22, 2011SSN Staff

PARIS and BILLERICA, Mass.—Morpho, the security business of Safran Group on Aug. 17 announced Robert Eckel will serve as CEO of MorphoTrust USA, Inc. MorphoTrust was formed in July 2011 from the acquisition of L-1 Identity Solutions by Safran. As CEO of MorphoTrust, Eckel will lead the former L-1 Biometric, Secure Credentialing and Enrollment Services businesses in the U.S. He will manage these businesses under a proxy board pursuant to an agreement developed with the US government. MorphoTrust...

Digimarc, Inc., L-1 Biometric, L-1 Identity Systems, Morpho, MorphoTrust USA, Robert Eckel, Safran Group, Secure Credentialing and Enrollment Services

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Safran, L-1 merger gets final go-ahead

July 20, 2011SSN Staff

PARIS—Safran has cleared the last hurdle in its acquisition of L-1 Identity Solutions, a Stamford, Conn.-based biometrics company, and expects to close the deal by the end of next week. Final approval came from the Committee on Foreign Investment in the United States, which yesterday notified Safran, based in Paris, that its investigation of the transaction is complete and it found no unresolved national security concerns. With this latest approval behind them, the companies expect to complete...

biometrics, Committee on Foreign Investment, L-1 Identity Solutions, Morpho, Safran

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Safran to buy L-1 for $1.09b cash

September 23, 2010Martha Entwistle

PARIS—Biometric giant L-1 Identity Solutions, which announced in March it was for sale, has a buyer: Safran, based here, announced Sept. 20 that it would acquire L-1 and its biometric and enterprise access solutions, secure credentialing solutions and enrollment services business in a $1.09 billion cash deal. L-1 is separately selling its intelligence services business to British defense contractor BAE Systems for $296 million. Both deals are subject to U.S. regulatory approval. The businesses...

BAE Systems, biometrics, Digimarc, Identix, Jay Beaghan, Jean-Paul Herteman, L-1 Identity Solutions, Morpho, Morpho Detection, Printrak, Robert LaPenta, Safran, Viisage

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