Hitachi acquires M-Tech
At RSA 2008 on Monday, Hitachi announced its acquisition of M-Tech. Since last Wednesday, the Canadian ID management company has been using its new name, Hitachi ID Systems.
Forrester Research predicts that the ID and access management market space will grow from $2.6 billion in 2006 to $12.3 billion in 2014, and Hitachi, long known for its security electronics, wants to be a player in the enterprise security market by offering a complete package.
Hitachi currently offers advanced IT authentication with its finger vein biometric devices. Finger vein biometric authentication is used in 80 percent of Japanese ATMs … Read more