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Gemalto Completes Acquisition Of 3M’s Identity Solutions Business

Cal Biesecker By
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Gemalto Completes Acquisition Of 3M’s Identity Solutions Business
Gemalto’s current identity solutions business includes national ID cards. Photo: Gemalto

Gemalto on Monday said it has completed its $850 million purchase of the identity management business of 3M Corp. [MMM], adding biometric technologies and document security features to its product portfolio.Netherlands-based Gemalto first announced the deal last December.  The company said that 3M’s biometric technologies are used for government and commercial applications, adding that the purchase positions it to “provide solutions for the promising commercial biometrics market.”“With the acquisition of 3M’s Identity Management Business, Gemalto makes a strategic move by…

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