M&A Deal Summary

3M Acquires Archon Technologies

On July 20, 2006, 3M acquired software company Archon Technologies

Acquisition Highlights
  • This is 3M’s 3rd transaction in the Software sector.
  • This is 3M’s 10th transaction in the United States.
  • This is 3M’s 1st transaction in Colorado.

M&A Deal Summary
Date 2006-07-20
Target Archon Technologies
Sector Software
Buyer(s) 3M
Deal Type Add-on Acquisition

Target

Archon Technologies

Denver, Colorado, United States
Archon Technologies Inc. is a provider of enterprise software solutions for motor vehicle agencies.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

3M

St. Paul, Minnesota, United States
Category Company
Founded 1902
Sector Diversified
Employees92,000
Revenue 32.7B USD (2023)
DESCRIPTION
Entrance to 3M's corporate campus in St. Paul, Minnesota.
Entrance to 3M's corporate campus in St. Paul, Minnesota.

3M is a diversified manufacturing and technology company. The Company produces a variety of adhesives, abrasives, safety products, chemicals, and other goods for consumers and businesses. 3M was incorporated in 1902 and is based in St. Paul, Minnesota.

DEAL STATS #
Overall 14 of 81
Sector (Software) 3 of 6
Type (Add-on Acquisition) 13 of 70
State (Colorado) 1 of 4
Country (United States) 10 of 51
Year (2006) 8 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-18 Security Printing and Systems Limited

Manchester, United Kingdom

Security Printing and Systems Limited (SPSL) is a producer of finished, personalized passports and secure cards.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-04 Aerion Technologies

Denver, Colorado, United States

Aerion Technologies Inc. is a provider of environmental monitoring products including gas detection systems.

Buy -
Mergr

Product

Company

Legal