L-1 Identity Solutions Company Description
L-1 Identity Solutions, formarly Viisage, handles security problems face-to-face. The company develops face, finger, and iris recognition technologies used for protecting and securing personal identities and assets, with a focus on the federal, civil, criminal, commercial, border, and management markets. The federal government accounts for nearly 70% of revenues. L-1 Identity Solutions was formed in 2006 as a result of the merger between rival security firms Viisage Technology and Identix Incorporated. Viisage and Identix both specialized biometric facial recognition technologies. A group of executives own a majority stake in L-1 through investment vehicles L-1 Investment Partners and Aston Capital Partners.
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The Company Description provides a historical perspective of L-1 Identity Solutions's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of L-1 Identity Solutions's evolution in the marketplace.
