Monday, October 16, 2017

Mitek Acquires Spanish Company, ICAR

San Diego-based Mitek, which develops mobile capture and digital identity verification software, said on Monday that it has acquired Spanish consumer identification software developer <>ICAR. Mitek said it paid approximately $15.0M in cash and shares of its common stock for ICAR. ICAR provides its consumer identification products in Spain and Latin America. ICAR's customers include banks including Caixa Bank, Banco Neon, and Bancoppel, as well as others.

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