Identity management solutions firm Acuant has acquired identity document authentication and data capture solutions Assuretec.Under terms of the deal, Acuant will integrate AssureTec's intellectual property, capture and authentication patents.In a statement, Acuant said AssureTec's AssureID authentication solution will be combined with Acuant's proprietary technology to deliver a comprehensive capture-to-authentication process for the traditional on premise solution, as well as a platform for mobile and cloud based ID capture, facial recognition and document authentication."The addition of AssureTec Technologies adds scale, breadth, depth and capabilities that drive growth, profitability and innovation. This acquisition accelerates our mission to become the world's most trusted source of credential proofing solutions, providing document authentication and mobile workflow automation for transaction dependent stakeholders," said Yossi Zekri, Acuant Chief Executive Officer. "We are excited to integrate AssureTec to strengthen our global product offering with greater ability to scale the business and provide the market with proven and reliable solutions in digital verification."Steve Maloney, AssureTec CEO, will become Executive Vice President for Business Development & Strategy at Acuant."AssureTec has found the right partner in Acuant to significantly expand our leadership position in credential authentication and enhanced data capture," said Maloney. "We look forward to providing our clients with the industry's most comprehensive identity management and verification solution, and our employees with a wonderful opportunity for professional growth."

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