NEC Corporation (TSE: 6701) announced an investment in Tascent, Inc., a U.S.-based biometric system company, with the aim of accelerating the global expansion of its safety business. The amount of the investment is not disclosed.
Recently, the demand for multimodal biometric identification to further bolster security is rapidly growing. Within this environment, the iris identification market is expected to experience significant growth. NEC has been developing biometric identification technologies for more than 40 years, and systems using NEC's Bio-Idiom biometrics have been introduced through more than 700 systems in 70 countries and regions around the world. Moreover, earlier this year, NEC's iris recognition was named the world's most accurate by the U.S. National Institute of Standards and Technology, which has also recently named NEC's face recognition and fingerprint recognition technologies as the most accurate.
