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Precise Biometrics AB announced earlier this week the acquisition of EastCoast Solutions. Precise’s offering within Digital Identity will be complemented by EastCoast Visit, EastCoast Solutions’ leading visitor management system that is used by over 600 clients world-wide.
Precise’s CEO Stefan K. Persson commented: “Precise has been a technology frontrunner and innovator for decades. During recent years, we have expanded our offering significantly, introducing new biometrical applications to penetrate new end-markets in need of convenient identification and increased security. We are very happy to acquire EastCoast Solutions, a profitable and growing SaaS-company with an exceptional track-record. Precise’s and EastCoast Solutions’ offerings will combined be very attractive and powerful, and we see significant cross-selling opportunities in offering YOUNiQ to EastCoast Solutions’ customers and EastCoast Visit to Precise’s customers.”
EastCoast Solutions’ CEO Richard Skalsky commented: “We are very much looking forward to become part of Precise and to gain access to their well-established technology platform and know-how in biometrics and Digital Identity, which will enable us to continue growing in the field of physical access. Together, we will work intensively to bring new and innovative solutions to fuel growth while enabling secure and convenient identification where you are the key.”