Dai Nippon Printing (DNP) has agreed to acquire a 75% controlling stake in Rubicon SEZC, the holding company of biometric ID solutions provider Laxton, to expand its global government authentication and security business. Laxton, which operates in over 50 countries, specializes in portable biometric systems for identity registration and authentication, particularly in emerging markets across Africa, Asia, and South America. DNP aims to leverage synergies in ID technology and expand its international footprint, targeting cumulative overseas sales of ¥140 billion by FY2030.
DNP to Take Controlling-Stake in Laxton