Hilco is pleased to offer for sale the business and assets of a pioneering company at the cutting edge of next-generation biometric sensing technology (the “Company”).
The Company has developed proprietary fingerprint architecture designed to disrupt the biometric authentication market across consumer electronics, smart cards, and industrial security applications. Leveraging scalable, low-cost manufacturing methods and technology, the Company’s solutions outperform traditional sensors in form factor flexibility, performance, and cost-efficiency.
This sale represents a rare opportunity to acquire a robust suite of advanced biometric technologies with clear commercial potential in a high-growth market.
Business Highlights:
On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to [email protected]
Hilco is acting as exclusive agent to the Company and its Proposed Administrators in connection with the proposed sale of some or all of the Company’s assets. The Proposed Administrators act as agents of the Company and without personal liability.
All sales are made strictly on an “as is, where is” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Company, its Proposed Administrators or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period and on the terms agreed.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Company and its Proposed Administrators.
