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General

Gemalto closes acquisition of 3M's Identity Management ops

Tuesday 2 May 2017 | 09:19 CET | News
Gemalto closed the acquisition of 3M's Identity Management Business after receiving the approval by the relevant regulatory and antitrust authorities. Gemalto paid USD 850 million to acquire 3M's unit. This strategic acquisition rounds out Gemalto's Government Programs offering by adding biometric technologies and more secure document features and it ideally positions the company to provide products for the promising commercial biometrics market. The Identity Management Business will be integrated into Gemalto Government Programs business.

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Categories: General
Companies: Gemalto
Countries: World
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