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New Deal


Announced

Facebook acquires Confirm.io, biometric ID verification startup.

Financials

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Transaction Value-
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Capital Bid For100%
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

identity management

software applications

biometric identification equipment

Completed

Private

identity verification

Friendly

Majority

United States

Software

Single Bidder

Synopsis

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Facebook acquired Confirm.io, ​owner of the app that let other companies quickly verify someone’s government-issued identification card. Financial terms were not disclosed. The Boston-based startup will be closed as both its team and technology will be moved to Facebook, where it could help users who are locked out of their accounts.

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