Fingerprint Cards (FPC), a supplier of biometric components for the mobile device market, announced it has retained Piper Jaffray, an international middle market investment bank and institutional securities firm, as its financial adviser. The biometric market is rapidly evolving and FPC is experiencing an increasing amount of alliance and partnership opportunities. In addition, FPC has received proposals to invest in or acquire other biometric technology companies over the last nine months. FPC has, therefore, appointed Piper Jaffray to assist the company in evaluating various strategic and financing opportunities.
Fingerprint Cards (FPC), a supplier of biometric components for the mobile device market, announced it has retained Piper Jaffray, an international middle market investment bank and institutional securities firm, as its financial adviser. The biometric market is rapidly evolving and FPC is experiencing an increasing amount of alliance and partnership opportunities. In addition, FPC has received proposals to invest in or acquire other biometric technology companies over the last nine months. FPC has, therefore, appointed Piper Jaffray to assist the company in evaluating various strategic and financing opportunities.
“Over the last six months I have got to know the San Francisco-based technology team of Piper Jaffray quite well, and I believe they are second to none in terms of professionalism, industry knowledge and as financial advisers,” said Johan Carlstrom, CEO of FPC. “I feel very comfortable in working with Piper Jaffray towards our goal of becoming the globally leading biometric partner to the mobile device industry.”