NXT-ID to Acquire PERS Provider LogicMark for $20M
NXT-ID will look to install biometric technology on LogicMark’s existing devices, as well as improve market awareness of the company.
NXT-ID will look to install biometric technology on LogicMark’s existing devices, as well as improve market awareness of the company.
Increasing investments in security systems, plus the abilities of the technology, are driving the growth in the market.
The U.S. airport security market size is expected to exceed $3.5 billion by 2023.
Fingerprint, iris image and voice recognition modalities to generate the greatest revenue between 2015 and 2024.
Imprivata says the deal will help it expand in the growing patient identification market, which Imprivata estimates to be worth $2 billion worldwide.
A new report suggests end users are increasingly interested in tailor-made, integrated solutions.