Seeking Alpha

Aware, Inc. (AWRE)

  • Apr. 27, 2012, 9:57 AM
    Biometrics and DSL software firm Aware (AWRE +59.7%) skyrockets after announcing (in tandem with its Q1 report) it's selling a portfolio of 4G, Wi-Fi, and home networking patents to Intel (INTC) for $75M, and issuing a $1.15/share ($24M) special dividend. The sale proceeds make up over half of Aware's current market cap of $124M.
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Company Description
Aware Inc is a provider of software and services to the biometrics industry. The Company's software products are used in government and commercial biometrics systems to identify or authenticate people.