MIE and Ideco
During November 2007, MIE and The Ideco Group entered into an acquisition agreement, with Ideco acquiring 30% of the issued shares of the then Kroll Background Screening (Pty) Limited in South Africa.
Two years later, in 2009, Ideco exercised its options and acquired the remaining 70% of the issued shares from Kroll in the USA.
MIE is a wholly owned subsidiary of the Ideco Group.
About Ideco
Listed on the AltX board of the JSE Securities Exchange, Ideco Group Limited (IDE) is an established leader in the application of biometric technology and southern Africa’s sole distributor of Sagem fingerprint biometrics.
Ideco provides fully customised unique Identity Management solutions, using world-leading biometric technology. Ideco is the sole distributor of Sagem fingerprint products in southern Africa. In addition to South Africa, the Ideco Group is responsible for successfully implementing Identity Management (IDM) solutions in a number of African countries, including Botswana, Mozambique, Namibia, Côte d'Ivoire and Democratic Republic of the Congo.
Ideco’s solutions range from civil applications such as national ID documents, drivers licences and automated fingerprint bureau services to physical and computer access control.
The group participated in the supply of AFIS solutions to the South African Police Service (SAPS) and has implemented an automated criminal background checking service in partnership with SAPS.
The experience gained from implementing large-scale civil and forensic projects positions Ideco as Africa’s leader in the design and integration of biometric solutions. Projects include the world’s largest digital conversion of paper-based fingerprint records for the South African Department of Home Affairs.
Product Synergy
With the growing requirement to perform Criminal Background Checks via the SAPS Automated Fingerprint Identification System (AFIS), MIE worked closely with Ideco's technologists to deliver easily accessible, cost effective and integrated biometric solutions to its many clients in South Africa.
In addition to background screening services, Ideco's biometric solutions naturally augment several of MIE's other products, including register based Qualification and Reference validation and Identity Fraud solutions.
We at MIE look forward with great anticipation to bringing these formidable service offerings to you as they become available!