AuthenTec

Location: Melbourne, Florida

Sub-headline: Status: IPO; Acquired

Main Description:

A spinout from Harris Corporation (NYSE: HRS), AuthenTec was a leading provider of fingerprint sensors and identity management software targeting the high-volume PC, wireless device, and access control markets. AuthenTec was the first public company ever acquired by Apple and their second largest acquisition to date. AuthenTec’s fingerprint sensors are now the technology behind the Touch ID home button first introduced on the iPhone 5S.

AuthenTec completed an initial public offering in 2007 (NASDAQ: AUTH) and was sold to Apple, Inc. in 2012.

Css Class: AuthenTec

Category: Select Past Investments