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Fingerprint Chief Considers Acquisitions to Speed Expansion

  • Company seeking new legs for the business to stoke growth
  • Rival Next Biometrics’s stock rises in Oslo on M&A speculation
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Fingerprint Cards AB’s new chief executive officer says he may make acquisitions to accelerate expansion into new market segments for the Swedish maker of biometric sensors.

Fingerprint wants to enter areas such as sensor-equipped cards, access systems for buildings, smart-home technology and cars, Christian Fredrikson, who took the helm about six weeks ago, said in an interview at the company’s Stockholm headquarters. One way to do that is to acquire technology, businesses or competence outside its own core mobile business, he said.