Mitek Systems Inc.(MITK)- NASDAQ
  • May 26, 2015, 6:39 PM
    • Mitek (NASDAQ:MITK) is acquiring IDchecker, a Dutch provider of cloud-based identity document verification and facial recognition tools, for $5.85M in cash, $2.75M in stock, and up to $2M in additional stock payments through Sep. 2016 if certain targets are hit.
    • Mitek states IDchecker's Strong ID solution "authenticates 3,500 different types of passports, driver licenses and identity cards from nearly every country in the world," and complements Mitek's Photo Verify tech and MiSnap mobile image capture SDK. Customers are said to include "a large international money transfer service, a leading worldwide payments company, and a preeminent global information services provider."
    • Shares haven't yet moved in AH trading.
    | May 26, 2015, 6:39 PM | 2 Comments
Company Description
Mitek Systems, Inc. is engaged in the development, sale and service of proprietary software solutions related to mobile imaging applications and intelligent character recognition software. The company is a mobile imaging software solutions provider that allows users to remotely deposit checks,... More
Sector: Technology
Industry: Computer Peripherals
Country: United States