Strengthening Core Business: Elan Takes Over Fingerprint Cards' Patented Biometric Assets

Reported 7 months ago

Chen Liwen, June 12, 2024, 6:45 AM – Elan strengthens its core business by acquiring exclusive cooperation with Fingerprint Cards for their mobile device production line and technology. The agreement includes exclusive patent licensing, technology transfer, and asset acquisition. This move is seen positively in the market, as Elan enhances its mobile device technology and fingerprint recognition product line, and gains access to Fingerprints' existing customer base. Elan's Chairman Rosen Jou expresses excitement over integrating valuable assets of a globally renowned brand, with Fingerprints already providing fingerprint recognition services to billions of smartphones worldwide. The integrated Egis-Fingerprints mobile platform will offer high-value services to global mobile device clients, improving Elan's competitiveness in the market.

Source: YAHOO

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