FingerprintCardsAb
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Samsung is not buying a fingerprint scanning company, 'completely false' release distributed (updated)
Between the iPhone 5s and the forthcoming HTC One Max, it looks as if biometric security will be the next big mobile battleground. Not to be done, of course, Samsung has just splashed out $650 million on Swedish firm Fingerprint Cards AB. The company has already crafted a swipe sensor that works on mobile devices like the Galaxy S 4, and has similar technology working with Windows 8.1 devices. The unit will be turned into a separate division of the Korean behemoth, and the re-named Samsung Fingerprint Cards Division will be run by AB's current CEO, Johan Carlström. Update: Investor relations site Cision tells the Financial Times the press release it sent out confirming the sale was "completely false" and that it's investigating. We've checked with Samsung who confirmed that the report was not true, and that it was not aware of where the news came from. The initial press release as well as a new one from Fingerprint Cards AB can be found after the break. Update 2: Fingerprint Cards added that "what has happened will be reported to the police and to the Swedish Financial Supervisory Authority." There's definitely something fishy going on here.
