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L-1 To Acquire ID Systems Business of Digimarc

By Calvin Biesecker L-1 Identity Solutions [ID] yesterday said it has agreed to acquire the ID Systems business of Digimarc Corp. [DMRC] for $250 million in stock and cash in a deal that would give L-1 the vast majority of the drivers' license market and new capabilities in card production. Despite the fact that a combination between the two businesses would dominate over 90 percent of the market, executives from both companies believe that ultimately there will be no anti-trust…

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Congress Updates

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