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Confusion reigns as Samsung denies reports it has purchased fingerprint tech company

by Doug Drinkwater

October 11 2013

Samsung has played down reports that it has acquired Fingerprint Cards AB, which develop the biometric components and technologies needed for fingerprint identification. The Swedish firm had earlier claimed that the Galaxy Tab maker was to complete the deal for $650 million.

The company confirmed the ‘news’ in the first of two press releases and this led some tech observers to claim that Samsung was to follow Apple – which has implemented fingerprint technology on the new iPhone 5S – in rolling out the technology on its collection of Galaxy phones and tablets.

However, both companies moved quickly to stress that there was no deal in the offing.  Following shortly after the first press release, Fingerprint Cards AB issued another to indicate that the deal was “incorrect” while Samsung brandished the report as a “groundless rumor”. Fingerprint Cards is now apparently reporting the matter to the police.

(See also: Apple buys fingerprint security firm AuthenTec for $355 million & Up next for Apple: Gold iPad mini with TouchID fingerprint sensor?)

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