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Fingerprint Cards AB (publ) completes third IP monetization and licensing transaction in 11 months, with a new PixArt Imaging Inc. deal signed for SEK 19 million upfront plus royalty potential
Globenewswireยท2025-10-03 06:35

Core Insights - Fingerprint Cards AB (FPC) has entered into a commercialization and licensing agreement with PixArt Imaging Inc., marking its third IP monetization transaction in 11 months [1] - FPC will receive an upfront payment of USD 2.0 million (approximately SEK 19 million) and will retain rights to royalties on derivative products developed by PixArt [1][2] - The agreement is expected to strengthen FPC's balance sheet and support capital allocation towards core authentication platforms and high-growth initiatives [2][3] Financial Implications - The upfront payment of USD 2.0 million will be received in the fourth quarter of 2025, providing immediate value from prior investments [1][2] - The potential for recurring royalty income from PixArt's use of licensed technology is anticipated to enhance financial flexibility [2][3] Strategic Alignment - The partnership with PixArt aligns with FPC's strategy to monetize existing IP assets and explore collaboration in areas such as smart home, automotive, and wearables [3] - The cash infusion from this agreement will enable FPC to accelerate investments in new revenue streams, reinforcing its leadership in secure authentication [3] Company Overview - Fingerprint Cards AB (FPC) is a global leader in biometrics, providing solutions that enable secure and convenient authentications across various devices and platforms [5] - The company aims to drive the transition to a passwordless world through its cloud-based identity management platforms, supporting multiple biometric modalities [5]