Intel acquires Idesia Biometrics

Buyout of Israeli medical device company said to be in the millions.

Intel has confirmed that it recently purchased the Israeli company Idesia Biometrics, known for its heart-beat technology. Although no price tag was officially published, the business daily Globes reported that the buyout was in the “millions of dollars.”

The medical device company develops heart-based biometric technology that allows personal computers, mobile phones and other gadgets to recognize a user through his or her heartbeats.

The Israeli technology could provide Intel with a more secure way to recognize users.

“Intel is very worried about security. That’s one of their major thrusts,” Nathan Brookwood, principal analyst at Insight 64, told IDG News. “If [Idesia] has something unique, then Intel could possibly create a relatively easy sensor that could go into a smartphone or tablet that could monitor the heartbeat.”

Prior to the sale Idesia had 14 employees, 10 of them in Israel.

Intel has invested $9.4 billion in Israel to date.

According to Globes, Idesia had raised $7 million from Partech International and Aladdin Knowledge Systems, now a unit of SafeNet.

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About Viva Sarah Press

Viva Sarah Press is an associate editor and writer at ISRAEL21c. She has extensive experience in reporting/editing in the print, online and broadcast fields. Her work has been published by international media outlets including Israel Television, CNN, Reuters, The Jerusalem Post and Time Out.