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Tag: Morpho Detection


Smiths Group to pay $710m for Morpho Detection

April 28, 2016SSN Staff

LONDON—Smiths Group, a global technology company based here, announced April 21 it has an agreement to acquire Morpho Detection from Paris-based Safran for $710 million.Based in Newark, Calif., Morpho Detection had $320 million in revenues in 2015, and an operating margin of 18 percent, with aftermarket services including software representing more than half of total revenues, according to Smiths Group. It has 860 employees and Morpho Detection had gross assets of $699 million.Morpho Detection...

Andy Reynolds Smith, Morpho Detection, Safran, Smiths Group

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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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