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3M to pay $943 million for biometric systems maker

News Link  •  Police State

3M to pay $943 million for biometric systems maker


08-30-2010  •  Reuters 
Diversified U.S. manufacturer 3M Co said it would buy Cogent Inc for $943 million, paying a nearly 18 percent premium for the maker of identification systems used to screen travelers at border crossings.
 
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Reported by Powell Gammill
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Tags: diversified, manufacturer, cogent, million, paying, nearly, percent, premium, identification, systems, screen, travelers, border, crossings
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