Saflink Corp., a provider of biometric security solutions, has completed its $50 million acquisition of SSP-Litronic Inc., a provider of identity management and information assurance products, the company announced today. The purchase was announced March 22.
SSP-Litronic of Irvine, Calf. will now operate as a wholly owned subsidiary of Saflink of Bellevue, Wash., the company said.
The purchase will boost Saflink's authentication offerings through the integration of SSP-Litronic's identity management products with Saflink's biometric software. It also will position Saflink for large-scale government security projects, the company said.
The acquisition will let Saflink offer government agencies and commercial enterprises a scaleable and secure framework for identity and assurance management that covers network and application security, physical security, time and attendance, and regulatory compliance for automated manufacturing systems.
The two companies have provided solutions to the National Security Agency, FBI, CIA, Army Corps of Engineers, Environmental Protection Agency, House of Representatives and the departments of Defense, Homeland Security, State, Treasury and Transportation.