Nelson Chan, Executive Chairman of the Board of Directors of
Synaptics, stated: After a comprehensive search, we selected Michael because of his strong track record of growing large businesses to achieve consistent profitable growth and market penetration.
Synaptics did say last month that it plans to ship 70 million units of the Clear ID fingerprint scanner in 2018.
Synaptics claims the FS9500 will work even with wet, dry and cold fingers because it will be behind the smartphone's display glass.
The consideration of the transaction for Conexant is approximately USD 300m in cash and 726,666 shares of
Synaptics' common stock.
The
Synaptics Natural ID fingerprint sensor features enterprise-level security with TLS 1.2 encryption.
Synaptics develops custom-designed user interface solutions.
It has also been rumoured that Samsung is teaming up with
Synaptics to include the force sensing technology on the Galaxy S7.
Synaptics' partnership with NVIDIA leverages the company's lengthy tenure of innovation and design expertise in the touch space.
The solution, bundled with
Synaptics' enhanced driver interface, is provided free of charge to
Synaptics OEM/ODM partners when ordered with
Synaptics TouchPad and ClickPad products.
"Our FlexPad solution for the Pantech PG-2800 mobile phone demonstrates the ability of
Synaptics' MobileTouch solutions to simplify character entry and navigation," said Clark Foy,
Synaptics' vice president of marketing.
"We were able to customize the LightTouch solution to provide the multimedia functionality NEC needed, while creating a compelling and unique industrial design," explains Don Kirby,
Synaptics' general manager of PC products.
Thomason started selling the tech stock
Synaptics when it reached $14, four dollars more than the target price he set.
