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Slide #44. Synaptics Inc. — Validity Sensors, Inc.
Synaptics Inc. (NASDAQ:SYNA)
Validity Sensors, Inc.
Synaptics Inc. (NASDAQ: SYNA), a leader in human interface solutions, today announced it has signed a Definitive Agreement to acquire Validity Sensors, Inc., a leading provider of biometric fingerprint authentication solutions for smartphones, tablets and notebook PCs. With the acquisition of Validity, Synaptics expects to gain access to the fast growing biometrics market, significantly expanding its market opportunity and underscoring the company's commitment to making smart devices easier to use.
Synaptics develops and supplies custom-designed semiconductor solutions that enable people to interact with a variety of mobile computing, communications, entertainment, and other electronic devices. Co. targets the markets for Internet of Things products, which include smart devices with voice, speech, video, wireless connectivity, smartphones, tablets, personal computer, or PC, products, and other select electronic devices, including devices in automobiles. Co. delivers semiconductor solutions including connectivity products, audio input and output System-On-Chips, or SoCs, high-definition video and vision SoCs, touch controllers, display drivers, fingerprint sensors, and touchpads.
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Strong Buy (3.56 out of 4)