LONDON – July 21, 2015 – Mooreland Partners the leading independent investment bank providing M&A advisory and capital raising services to the global technology industry, announced that it acted as the financial advisor to Agnitio on the sale of its Mobile Biometrics Business to Cirrus Logic.
Headquartered in Madrid, Spain, AGNITiO is a worldwide market leader for voice biometrics solutions in government and commercial sectors. KIVOX is a voice biometrics product family targeted at the corporate sector. Financial services, telecommunications, utilities and other sectors are implementing new security solutions based on mobile and server-based voice biometrics. KIVOX is ideally positioned in this market, with underlying Voice iD technology developed in most demanding environments such as forensics and intelligence.
Cirrus Logic develops high-precision, analog and mixed-signal integrated circuits for a broad range of innovative customers. Building on its diverse analog and signal-processing patent portfolio, Cirrus Logic delivers highly optimized products for a variety of audio, industrial and energy-related applications. The company operates from headquarters in Austin, Texas, with offices in the United States, United Kingdom, Europe, Japan and Asia.
This marks the second biometrics transaction in the past 18 months for Mooreland Partners, as they advised DigitalPersona in their sale to Francisco Partners and its portfolio company, Cross Match Technologies in 2014.