Atmel-Fingerprint Collaborate for Touch-Sensing Solutions - Analyst Blog

Leading microcontroller and touch technology solutions provider Atmel Corporation (ATML) recently entered into a strategic partnership with Fingerprint Cards AB (FPC) -- a leader in fingerprint verification solutions, to bring cutting-edge biometric sensor and touch-screen solutions to smart mobile devices.

Through this collaboration, the companies aim to provide secure, biometric touch fingerprint area sensing on high-performance touch screens. The two companies anticipate strong opportunities in the future. Together, they will co-develop and merge their solutions to provide world-class user interfaces to give consumers an enhanced user experience. Atmel will combine its widely adopted maXTouch technology with FPC's fingerprint sensor technology to create a unified solution of biometric fingerprint sensing and touch-screen technology.

Touch-sensing technology is the fastest growing area in Atmel's microcontroller business. The growing usage of digital tools in all activities ranging from mobile banking to household security, emails to remote database access and the use of mobile devices have become an integral part of the global lifestyle. Together, both the companies aim to offer sophisticated features to consumers with a flawless touch-screen user experience and enhanced fingerprint-based user verification.

Based in San Jose, CA, Atmel designs, develops, manufactures and sells integrated circuit (IC) products. These products include microcontrollers, advanced logic, mixed-signal, non-volatile memory and radio frequency (RF) components. Atmel produces non-volatile memory that stores information after power is turned off and combines this with microcontrollers, digital signal processors and other logic to meet the needs of its customers.

Atmel currently has a Zacks Rank #4 (Sell). Other stocks that look promising and are worth considering in the industry include Ambarella, Inc. (AMBA), Avago Technologies Ltd.  (AVGO) and AXT Inc. (AXTI), each carrying a Zacks Rank #1 (Strong Buy).