AuthenTec, Inc. (AUTH) Acquires PeerSec Networks to Strengthen Its Embedded Security Business Segment
AuthenTec Inc., a provider of identity, security, and touch control technologies in the Asia Pacific, Japan, the United States, Canada, and Europe, announced that it has acquired PeerSec Networks, a Seattle-based provider of networking solutions. The PeerSec Networks team and the complete product portfolio, which includes the Matrix™ family of leading device security solutions, will become part of AuthTec’s Embedded Security business offerings. Financial terms of the transaction were not disclosed. “We are very pleased to add the PeerSec team, which has extensive experience with embedded development and device management expertise, and their MatrixSSL™, MatrixSSH™ and MatrixDTLS™ products to AuthenTec.…