Former Mitec acquires California firm

Guest Contributor
April 23, 2001

Toronto,’s Bioscrypt Inc (formerly Mitec Technologies Inc) has acquired Biometric Identification Inc (BII), Sherman Oaks CA, in a stock and cash transaction worth approximately US$25 million. Privately held BII becomes a wholly-owned subsidiary of Bioscrypt, which develops, manufactures and licenses biometric software and hardware for user authentication....


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