Mitek extends leadership position in digital identity verification by acquiring A2iA

SAN DIEGO, CA, and PARIS, FRANCE – Mitek Systems, Inc. (“Mitek”) (NASDAQ: MITK, www.miteksystems.com), a global leader in digital identity verification solutions, today announced that it has acquired A2iA, SAS, (“A2iA”), a global leader in artificial intelligence (AI) and image analysis, for €42.5 million in cash and shares of Mitek’s common stock. “The acquisition of A2iA combines two market leaders in image recognition and processing, creating a powerful force with a deep expertise in image... Source: RealWire

via Albert Sherrill Investment Blog http://www.realwire.com/releases/Mitek-extends-leadership-position-by-acquiring-A2iA