3M buys Cogent for Rs.4,429.17 crore
Keywords: biometric security Cogent acquisition
[Summary of tips] In a definitive agreement 3M has agreed to acquire Cogent Inc. for $10.50 per share and an aggregate value of approximately Rs.4,429.17 crore ($943 million), or approximately Rs.2,019.66 crore ($430 million) net of cash. Cogent Inc., or Cogent Systems, is a provider of finger, palm, face and iris biometric systems.The agreement......|
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