SALTO Group has acquired facial recognition company Cognitec, which the two say will help strengthen the research, development and market reach for its product portfolio in the biometric market.
Cognitec was acquired to add face recognition and AI technologies to SALTO’s electronic access control and ticketing solutions, explains the business. Cognitec will continue to focus on its business relations with government and commercial clients from its bases in Germany, the United States and Australia.
“Working with Cognitec gives SALTO the opportunity to integrate emerging biometric and AI technologies into our Group products and platforms to create new solutions and services that benefit all of our clients,” said SALTO’s Chief Technology and Innovation Officer Marc Handels.
Cognitec CEO Alfredo Herrera emphasised the importance of a partnership that brings advantages to both companies, and to all existing and future customers. “Becoming part of the SALTO Group allows us to extend our capabilities, market reach and business connections,” said Herrera.
“Since our founding, Cognitec has been the only company worldwide that has worked exclusively on face recognition technologies. SALTO brings an equally focused and excellence-driven corporate history to this alliance. We are ready to reap the mutual benefits of joining our innovative drive and long-standing expertise.”
Find out more from SALTO Systems and the new solutions on offer by visiting the company’s stand (IF2820) at IFSEC International between 17-19 May at London’s ExCeL. Register for your free ticket, today >>
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