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Fingerprint Cards AB Secures Licensing Deal with PixArt Imaging

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Fingerprint Cards AB Secures Licensing Deal with PixArt Imaging

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Fingerprint Cards ( ($SE:FING.B) ) has shared an update.

Fingerprint Cards AB has entered into a licensing agreement with PixArt Imaging Inc., marking its third IP monetization transaction in 11 months. The deal, valued at SEK 19 million upfront with potential royalties, allows FPC to monetize its fingerprint sensor technology assets, enhancing its financial flexibility and supporting investments in high-growth initiatives.

More about Fingerprint Cards

Fingerprint Cards AB (FPC) is a global leader in biometrics, offering solutions that enable secure and convenient authentications across devices, cards, and digital platforms. Their cloud-based identity management platforms support multiple biometric modalities, including fingerprints, iris, and facial recognition, aiming to drive the world towards a passwordless future. FPC is listed on Nasdaq Stockholm.

YTD Price Performance: -52.07%

Average Trading Volume: 92,899

Technical Sentiment Signal: Strong Sell

Current Market Cap: SEK183M

For an in-depth examination of FING.B stock, go to TipRanks’ Overview page.

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