AuthenTec Soaring on Samsung Contract

AuthenTec

is trading higher on the session after the announcement that its QuickSec VPN security system will be in Samsung's new smartphone and tablet models. AuthenTec is a provider of mobile and network security solutions for enterprise, government and consumer markets. It provides a series of products including fingerprint sensors, software and intellectual property that provide security, convenience, personalization and navigation features. AuthenTec is currently trading at $5.10, a gain of $0.52 or 11.35%.