Gemalto to Acquire 3M's Identity Management Business

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Gemalto to acquire 3M’s identity management business

Gemalto has entered into agreements to acquire 3M’s Identity Management business for $850 million. 3M’s Identity Management business provides a full spectrum of biometric solutions (finger, face, iris and more), which can be leveraged by banks to improve identity verification for opening new accounts and enabling new services on digital channels, like mobile and tablets.

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