Gentex announces acquisition of BioConnect

Gentex (GNTX) Corporation announced that it has acquired Toronto-based BioConnect. The company provides a market-leading, multi-modal authentication software platform for the security and access control industry. “Biometric technology is playing an increasingly important role in the industries in which we operate, including automotive, aerospace, medical, and smart home,” said Gentex Chief Operations Officer and Chief Technology Officer Neil Boehm. “This acquisition not only provides Gentex with a strong foothold in the security and access control industry, but also the expertise to continue developing advanced biometric solutions for the industries we currently serve.”