L-1 closes ComnetiX purchase

L-1 Identity Solutions has completed its acquisition of ComnetiX, a provider of secure identification and authentication products and services. The purchase price was $17.8 million.

The acquisition, which was first announced in November 2006, is designed to boost L-1 Identity Solutions' fingerprint products and services by establishing a presence in the Canadian market, company officials said.

Equally significant, the acquisition also will add a complementary base of customers to L-1 Identity Solutions' existing portfolio, particularly with law enforcement agencies, the company said.

ComnetiX will become part of L-1's IBT division.

L-1 Identity Solutions of Stamford, Conn., offers products and solutions for protecting and securing personal identity and assets. Its biometric capabilities include finger, face and iris recognition.

About the Author

William Welsh is a freelance writer covering IT and defense technology.

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