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M&A
SALTO acquires Cognitec Systems to enhance access control solutions
Facial Recognition
Mar 8, 2022
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OLOID raises USD 6 million in Series A1 funding to drive expansion
Facial Recognition
Oct 24, 2024
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Facial Recognition
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Facial Recognition
Sep 3, 2024
Facial Recognition

Facial Recognition

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Mar 8, 2022

SALTO acquires Cognitec Systems to enhance access control solutions

M&A

  • SALTO Systems, a provider of access control solutions, has announced the acquisition of German facial recognition solution provider Cognitec Solutions to integrate Cognitec’s facial recognition systems with SALTO’s access control product portfolio. Terms of the transaction were not disclosed.

  • Cognitec will continue to offer its facial recognition solutions to its clients, both commercial and government, worldwide. Becoming a part of SALTO will also allow Cognitec to strengthen research and expand market reach.

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