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Cogent Acquires Security Solutions Division of MAXIMUS

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Cogent Systems [COGT] has acquired the Security Solutions Division of MAXIMUS [MMS] for $5 million in cash, in a deal that will help move it beyond its base of fingerprint software search and matching products into the broader identity management solutions space. Cogent expects the deal to add $5 million to its sales this year. The Security Solutions Division provides identity management and credentialing integration services, security consulting, and custom web application development, including logical and physical access integration with…

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