Acuant
{{short description|Technology services company}}
{{Infobox company
| name = Acuant
| logo = Acuant Logo.svg
| type = Private
| foundation = 1999
| location_city = Los Angeles, Calif.
| location_country = United States
| key_people = Yossi Zekri, President & CEO
Stephen Maloney, EVP, Chief Revenue Officer
| industry = Identity Verification Services
| services = Multi-channel ID document authentication Fraud prevention
| homepage = {{URL|www.acuant.com}}
}}
Acuant is an identity verification, document authentication and fraud prevention technology services provider headquartered in Los Angeles, with engineering and development centers in New Hampshire and Israel.
Products include ID capture and auto-fill software, ID authentication, biometric facial recognition, facial image matching, and CHIP/RFID reading.{{cite news|url=http://www.planetbiometrics.com/article-details/i/5579/desc/acuant-launches-facial-recognition-solution/ |title= Acuant launches facial recognition solution |publisher=Planet Biometrics |date=2017-02-28 |accessdate=2017-03-10}} The company's partners include start-ups, Fortune 500 and FTSE 350 organizations.{{cite news|url=https://www.gartner.com/doc/3477718?ref=AnalystProfile&srcId=1-4554397745 |title= Identity Proofing Is the Cornerstone of Trust in a Digital Relationship |publisher=Gartner |date=2016-10-13 |accessdate=2017-03-10| first=Paul| last=Rabinovich}}
Acuant's applications address regulations such as AML, KYC, and PII, and are in use by organizations in such industries as hospitality,{{cite news|url=https://www.thestreet.com/story/13740694/3/hotels-update-security-slowly-for-wifi-electronic-door-locks.html |title= Hotels Update Security Slowly for WiFi, Electronic Door Locks |publisher=TheStreet |date=2016-09-15 |accessdate=2017-03-10| first=Ellen| last=Chang}} healthcare, automotive, security, and financial services.{{cite news|url=https://www.americanbanker.com/news/dont-ditch-sms-but-change-the-way-you-use-it |title= Don't Ditch SMS, But Change the Way You Use It |publisher=American Banker |date=2016-08-12 |accessdate=2017-03-10| first=Bryan| last=Yurcan}}
Company
Acuant was founded in 1999 in Los Angeles, California, by Danny and Iuval Hatzav, as Card Scanning Solutions, which was incorporated in 2003 and later rebranded in 2014 as Acuant. Yossi Zekri was named CEO & President in 2008.
In May 2016, Acuant acquired Assure-Tec Technologies,{{cite news|url=http://channelvisionmag.com/acuant-expand-id-management-assuretec-buy/ |title= Acuant to Expand ID Management with AssureTec Buy |publisher=Channel Vision Magazine |date=2016-06-06 |accessdate=2017-03-10| first=Tara| last=Seals}} a provider of identity document authentication and data capture solutions.
In 2017, Acuant acquired [https://www.acuantcorp.com/solutions/ozone-epassport-pki-authentication/ Ozone®] from Mount Airy Group.{{Cite web|url=https://www.acuantcorp.com/acuant-acquires-ozone-identity-solutions/|title = Acuant Acquires Mount Airey Group's Suite of Ozone® Identity Solutions}}
In 2018, [https://www.audaxgroup.com/ Audax Private Equity] completed an investment in Acuant to support the continued growth initiatives of the company. Audax acquired a controlling interest in Acuant from Insight Venture Partners, Lightview Capital and Egis Capital Partners.{{Cite news|date=2018-09-24|title=Audax Buys Controlling Interest in Acuant From Lightview, Insight and Egis|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/audax-buys-controlling-interest-in-acuant-from-lightview-insight-and-egis-1537805272|access-date=2020-08-27|issn=0099-9660}}
In 2020, Acuant announced the acquisition of the former strategic partner [https://www.acuantcorp.com/trusted-identity-platform/ IdentityMind], creator of Trusted Digital Identities.{{Cite web|url=https://www.prnewswire.com/news-releases/acuant-and-identitymind-union-creates-a-global-leader-in-digital-identity-proofing-and-verification-301032282.html|title=Acuant and IdentityMind Union Creates a Global Leader in Digital Identity Proofing and Verification|last=Acuant|website=www.prnewswire.com|language=en|access-date=2020-04-29}}
On November 18, 2021, UK-based GB Group announced it was acquiring Acuant for $736 million (£547 million).{{Cite web|title=Proposed Acquisition and Placing|url=https://www.londonstockexchange.com/market-stock/0GAF/telenet-group-holding-nv/analysis|url-status=live|access-date=2021-12-03|website=www.londonstockexchange.com|language=en|archive-url=https://web.archive.org/web/20211203194124/https://www.londonstockexchange.com/market-stock/0GAF/telenet-group-holding-nv/analysis |archive-date=2021-12-03 }}
See also
References
External links
- {{Official website|https://www.acuant.com}}