Viisage Technology Inc. said on Thursday it would buy fingerprint identification firm Identix Inc. for about $770 million, as it aims to win a greater slice of government spending on homeland security and border control.
The deal, which puts a 45 percent premium on Identix shares, is the first major move by new Viisage Chairman Robert LaPenta, a defense industry veteran who helped build up L-3 Communications Holdings Inc. into a major contractor.
