3M to acquire Israeli firm Attenti for $230 Million
Facebook Twitter google+ RSS Feed

3M to acquire Israeli firm Attenti for $230 Million

Tuesday, 31 August 2010, 18:39 Hrs
Printer Print Email Email
New York: The U.S.-based 3M today said it will acquire Israeli firm Attenti Holdings SA in a cash deal worth $230 million, making it the technology major's second deal within two days.

Yesterday, 3M had announced the takeover of biometric solutions provider Cogent Inc in a deal valued at $ 943 million.

The company said in a statement today that it has entered into a definitive agreement to acquire Attenti Holdings from an investor group led by Francisco Partners, for a purchase price of $230 million in cash.

The acquisitions of the two security technology related firms would help 3M in enhancing its product offerings.
Source: PTI
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset
SPOTLIGHT