In May 2017, Advent International invested alongside Bpifrance to bring together the complementary strengths of Safran I&S (Morpho) and Oberthur Technologies (OT). Combining Morpho’s leadership in end-to-end biometric and identity solutions with OT’s leadership in embedded digital security, the new IDEMIA identity was unveiled on 28th September 2017.
It is the global leader in Augmented Identity for an increasingly digital world, with a view to provide citizens and consumers with end-to-end full-secured solutions, when they interact, pay, connect, travel and vote.
“As the new Chairman of IDEMIA's Supervisory Board, I am very pleased to continue the work initiated by Marwan LAHOUD and all the other members, since OT and Morpho joined forces, to build the group's leadership. In a fast-changing industry, I know we can rely on the talented and skilled leaders who compose the recently announced top-management team to deliver upon the CEO Didier LAMOUCHE’s strategic vision”, declares Yann DELABRIÈRE.
About IDEMIA
OT-Morpho is now IDEMIA, the global leader in Augmented Identity for an increasingly digital world, with the ambition to empower citizens and consumers alike to interact, pay, connect, travel and vote in ways that are now possible in a connected environment.
Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, we reinvent the way we think, produce, use and protect this asset, whether for individuals or for objects. We ensure privacy and trust as well as guarantee secure, authenticated and verifiable transactions for international clients from Financial, Telecom, Identity, Public Security and IoT sectors.
OT (Oberthur Technologies) and Safran Identity & Security (Morpho) have joined forces to form IDEMIA. With close to $3 billion in revenues and 14,000 employees around the world, IDEMIA serves clients in 180 countries.
For more information, visit www.idemia.com / Follow @IdemiaGroup on Twitter
About Advent International
Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in 325 private equity transactions in 40 countries and as of December 31, 2016, it had €39 billion in assets under management. With offices on four continents, Advent has established a globally integrated team of over 180 investment professionals across North America, Europe, Latin America and Asia. The firm focuses on investments in five core sectors, including business and financial services; healthcare; industrial; retail, consumer and leisure; and technology, media and telecom. After more than 30 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies.
For further information, visit: www.adventinternational.com