SAFRAN Completes Acquisition of Motorola's Biometrics Business
07 April 2009 - 9:28PM
PR Newswire (US)
PARIS and SCHAUMBURG, Illinois, April 7 /PRNewswire-FirstCall/ --
SAFRAN and Motorola, Inc. (NYSE:MOT) announced today that they have
completed the previously-announced sale of Motorola's biometric
business unit, including the Printrak trademark, to SAFRAN through
its wholly owned subsidiary, Sagem Securite. SAFRAN, with
approximately $15 billion in revenue in 2008, is an international
high-technology group. SAFRAN has been operating in the U.S. for 30
years and is a world leader in a number of industrial segments,
including aircraft engines through the 35-year CFM International
Joint Venture with General Electric Company, and also supplies
aircraft components used on many U.S. military platforms as well as
civil aviation customers. Its largest U.S. customer is Boeing and
it has significant relationships with other U.S. aerospace
companies. SAFRAN operates in aerospace propulsion, aircraft
equipment, and defense and security. Products incorporating
SAFRAN's technology have been used for over 20 years by the U.S.
Air Force, U.S. Navy, U.S. Army, U.S. Marine Corps, U.S. Coast
Guard and NASA. Representative products today include KC-135R
Stratotanker C-17 Globemaster, F/A-18, F-16, F-22, V-22 and C-130.
SAFRAN is party to over 100 technical assistance agreements (TAAs)
and manufacturing licence agreements (MLAs), has 22 empowered
corporate officials dedicated to export control and regulations and
is committed to full compliance to such requirements and implements
internal policies and procedures to this end. SAFRAN has more than
54,000 employees in over 30 countries, including 3,200 employees in
the U.S. with facilities and offices in 42 locations across 19
states. For more information, http://www.safran-group.com/ Sagem
Securite is one of the world's leading suppliers of identity
systems, Sagem Securite focuses on applications including personal
rights and flow management, in particular based on biometrics,
secure terminals and smart cards. Its integrated solutions are
deployed worldwide and contribute to the safety and security of
transportation, data, people and states. Sagem Securite is a fast
growing company with an annual growth over 15 % in the last two
years. Sagem Securite is already present in the US through Sagem
Morpho, Inc. which develops and sells secure identification systems
incorporating various biometric technologies including fingerprint,
palm prints, iris and facial recognition either through OEM
relationships with major U.S. integrators such as Northrop Grumman
and Lockheed Martin, or through its own direct relationships with
customers. SMI's U.S. customers for these systems include both law
enforcement and civil agencies such as New York State Division of
Criminal Justice Services, Missouri State Highway Patrol, New York
State Office of Temporary and Disability Assistance, U.S. Drug
Enforcement Agency, New York Police Department Central Records
Division,, FBI Latent Laboratory, FBI Criminal Justice Information
Services, U.S. Army Crime Lab). Sagem Securite has 4,300 employees
in over 24 countries in 2008. For more information,
http://www.sagem-securite.com/ Motorola is known around the world
for innovation in communications and is focused on advancing the
way the world connects. From broadband communications
infrastructure, enterprise mobility and public safety solutions to
high-definition video and mobile devices, Motorola is leading the
next wave of innovations that enable people, enterprises and
governments to be more connected and more mobile. Motorola
(NYSE:MOT) had sales of US $30.1 billion in 2008. For more
information, please visit http://www.motorola.com/ DATASOURCE:
SAFRAN CONTACT: Media Contacts: Kelly Harder, Motorola, Inc.,
+1-312-209-0123, ; Catherine Malek, SAFRAN, +33(0)1-40-60-80-28, ;
Investor Relations Contacts: Dean Lindroth, Motorola, Inc.,
+1-847-576-6899, ; Quy Nguyen-Ngoc, SAFRAN, +33(0)1-40-60-80-45,
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