AuthenTec

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AuthenTec, Inc.
Company typePublic, subsidiary, Delaware corporation
NasdaqAAPL
IndustrySemiconductor, computer security, mobile security, biometrics, identity management
PredecessorDivision of Harris Semiconductor Corporation
FateAcquired by Apple Inc.[1][2][3]
Headquarters,
Area served
Worldwide
ProductsMobile security solutions, biometrics technology
ParentApple Inc.
Websiteauthentec.com Edit this on Wikidata

AuthenTec, Inc. was a semiconductor, computer security, mobile security, identity management, biometrics, and touch control solutions company based in Melbourne, Florida. Founded in 1998 after being spun off from Harris Semiconductor, AuthenTec provided mobile security software licenses to mobile manufacturing companies, and biometrics sensor technology, such as fingerprint sensors and NFC technology to mobile and computer manufacturers.[4][5] On 27 July 2012, AuthenTec was acquired by Apple Inc. for $356 million.[6]

History

  • In 1998, AuthenTec was spun off from parent company Harris Semiconductor.
  • On 27 June 2007, AuthenTec became a publicly traded company.
  • On 2 May 2008, AuthenTec acquired EzValidation.[7]
  • On 14 July 2009, AuthenTec acquired Atrua Technologies for $5m.[8]
  • On 26 February 2010, AuthenTec acquired SafeNet's Embedded Security Solutions division.[9]
  • On 7 September 2010, AuthenTec merged with UPEK.[10]
  • On August 2, 2011, AuthenTec began collaborating with NXP Semiconductors and mobile payment software firm DeviceFidelity to provide a combination of wireless chips, sensors, mobile applications and micro-SD cards to manufacturers and mobile network carriers of Android devices to support NFC mobile payments and transportation check-ins.[11]
  • On 27 July 2012, AuthenTec was acquired by Apple Inc. for $356M.[6]

Products and services

  • TruePrint smart sensors
  • TrueSuite identity management software
  • TrueProtect embedded security products (formerly SafeNet Embedded Security Solutions)
  • Touch ID

References

  1. ^ "Apple states they Buy Innovation not Competitors as it's Revealed that they've Acquired Mobeewave to Bolster Apple Pay Services". Patently Apple. Retrieved 25 August 2020.
  2. ^ Earley, Kelly (14 May 2020). "8 interesting Apple acquisitions from the last decade". Silicon Republic. Retrieved 25 August 2020.
  3. ^ Brian, Matt (16 August 2012). "Why Apple Bought AuthenTec: It Needed NFC Fingerprint Sensors, Quickly". The Next Web. Retrieved 25 August 2020.
  4. ^ Gupta, Poornima; Carew, Sinead (27 July 2012). "Apple buys mobile security firm AuthenTec for $356 million". Reuters. Thomson Reuters. Retrieved 26 September 2013.
  5. ^ Price, Wayne T. (11 September 2013). "Fla. company's fingerprints all over iPhone security". USA Today. Gannett Satellite Information Network. Retrieved 26 September 2013.
  6. ^ a b "Form 8-K: Authentec, Inc". U.S. Securities and Exchange Commission. 26 July 2012. Retrieved 26 September 2013.
  7. ^ "AuthenTec acquires EzValidation software assets". www.bizjournals.com. Retrieved 3 March 2021.
  8. ^ "AuthenTec Acquires Atrua's Assets". FierceElectronics. 15 July 2009. Retrieved 3 March 2021.
  9. ^ "AuthenTec buys SafeNet's Embedded Security Solutions Division | Uncategorized News". 19 January 2012. Retrieved 3 March 2021.
  10. ^ "AuthenTec and UPEK Announce Merger". Business Wire. 7 September 2010. Retrieved 26 September 2013.
  11. ^ Woyke, Elizabeth (2 August 2011). "Can Fingerprint Sensors Convince People To Use 'Mobile Wallets'?". Forbes.com. Retrieved 26 September 2013.