Flexible Electronics News

3M to Sell Identity Management Business to Gemalto

The business includes 3M Cogent, Inc., a wholly owned subsidiary of 3M.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

3M announced that it has entered into agreements to sell the identity management business within its Traffic Safety and Security Division, to Gemalto for $850 million, subject to closing and other adjustments.   3M’s identity management business is a leader in identity management solutions providing biometric hardware and software that enable identity verification and authentication, as well as secure materials and document readers. The business includes 3M Cogent, Inc., a wholly owned subsidi...

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