Biometrics startup Infinite ID acquired by First Advantage for $41M

Employment background screening and verification provider First Advantage Corporation has acquired biometric ID verification provider Infinite ID for $41 million in cash from the balance sheet, according to a press release.

First Advantage expects Infinite ID to generate an annual revenue of over $10 million. The acquisition will expand First Advantage's network and portfolio of U.S.-based ID verification providers.

Infinite ID's portfolio includes biometric enrollment, processing and data storage for finger and palm prints, face, iris, gait and voice biometrics. …

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