Dai Nippon Printing completed a majority investment in Enlightenment Capital-backed Laxton.

Dai Nippon Printing, a printing company, completed a majority investment in Enlightenment Capital-backed Laxton, a biometric identity solutions provider. Financial terms were not disclosed. “Laxton’s service of registering and authenticating individuals is a socially significant business that helps to resolve the major issue of people in emerging nations who lack legal identification and are therefore unable to receive social services. This acquisition occupies an extremely significant position in promoting the DNP global strategy, and we are confident that the combination of our two companies’ technological capabilities, customer service capabilities, and sales capabilities will create significant synergies in the future,” Yoshiki Numano, DNP Senior Corporate Officer.