We are pleased to announce that ADG client EyeVerify has been acquired by Alibaba affiliate Ant Financial
EyeVerify leveraged ADG’s China market development service platform for successful China market entry, growth, and strategic partnerships
Los Altos, California — Sep. 16, 2016 — Alliance Development Group (ADG) is pleased to share the news, announced this week by Alibaba-affiliated Ant Financial, the world’s leading online and mobile financial services provider and operator of Alipay, that they have acquired EyeVerify, Inc., maker of Eyeprint IDTM, a patented, secure mobile eye verification technology. Per the release, the acquisition furthers Ant Financial’s mission to increase user trust and safety in financial transactions worldwide, and allows EyeVerify to draw on greater resources to advance its technology.
EyeVerify and ADG partnered to help EyeVerify enter the China market and execute China growth initiatives. Throughout the relationship, as previously announced, EyeVerify leveraged ADG’s customer and partner network and local China team to win China smartphone OEM deals, attract Chinese investment, and create strategic partnerships. The results exemplify ADG’s ability to help emerging technology companies win in China.
"The Ant-EyeVerify deal is a testimony to EyeVerify’s remarkable team, technology, and persistence in the China market," said David Sullivan, managing director of ADG.
"EyeVerify’s story is exciting, and a model of what technology companies can achieve in China if they invest in the market and find experienced partners along the way to help them overcome the many inherent China market challenges," added Chris DeAngelis, general manager of ADG, based in Beijing, China.
About Alliance Development Group (ADG)
Since 2001, ADG has been a trusted partner for fast growing mobile and emerging technology companies, helping them develop and execute China business development and expansion strategies. ADG - with its extensive China relationship network, years of experience, proven best practices, and professional local China team with Western executives - provides an unmatched platform that helps clients accelerate the development of China partnerships and customers. Whether start-up or multinational, ADG works side-by-side with our clients to identify China growth opportunities, drive business development efforts, and develop strategic alliances and investment cooperation. ADG assists category leading technology companies to succeed in the challenging and dynamic China market, such as EyeVerify, PayPal, The Weather Channel, Silicon Image, Nuance, Canonical, Ubuntu, Graphite Software, Fleksy, Vlingo, Canesta, Audience, Brightstar, Netezza, Intervoice, among many others. Visit www.alliance-dg.com or contact email@example.com.
Unlock every opportunity with Eyeprint ID – created by EyeVerify Inc. One look opens mobile devices, logs you into apps and secures your mobile payments. Eyeprint ID transforms an ordinary selfie into a key that protects your digital life. This patented, software-only biometric solution is 99.99% accurate and extremely scalable. In less than one second, with no add-on hardware, employees and customers will experience password-free mobility. Several large Android device manufacturers and more than a dozen financial institutions have deployed Eyeprint ID, delivering convenient, secure, private authentication to millions of consumers today. Visit eyeverify.com to learn more.