M&A Deal Summary

Gemalto NV Acquires 3M - Identity Management Business

On December 8, 2016, Gemalto NV acquired information technology company 3M - Identity Management Business from 3M

Acquisition Highlights
  • This is Gemalto NV’s 10th transaction in the Information Technology sector.
  • This is Gemalto NV’s 9th transaction in the United States.
  • This is Gemalto NV’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2016-12-08
Target 3M - Identity Management Business
Sector Information Technology
Buyer(s) Gemalto NV
Sellers(s) 3M
Deal Type Divestiture

Target

3M - Identity Management Business

St Paul, Minnesota, United States
3M - Identity Management Business is an identity management solutions company providing biometric hardware and software to enable identity verification and authentication, as well as secure materials and document readers.

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Buyer(S) 1

Buyer

Gemalto NV

Meudon, France
Category Company
Founded 2006
Sector Information Technology
Employees10,000
Revenue 3.0B EUR (2018)
DESCRIPTION

Gemalto NV is a provider of digital security products and services worldwide. The company designs security solutions to governments, industrial companies, and enterprises; and ePassports, border and visa management, biometrics, ID and health cards, voter and vehicle registration, drivers' licenses, and eGovernment support services. Gemalto was formed in 2006 and is based in Meudon, France.

DEAL STATS #
Overall 18 of 18
Sector (Information Technology) 10 of 10
Type (Divestiture) 8 of 8
State (Minnesota) 1 of 1
Country (United States) 9 of 9
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-10 Trub - Secure Document

United States

Trub - Secure Document is a provider of polycarbonate technology services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-24 Trustonic

Cambridge, United Kingdom

Trustonic is a provider of cybersecurity solutions for protecting critical mobile apps, smartphones, wearables, IoT devices, health tech, and automotive systems. Trustonic was formed in 2012 and is based in Cambridge, United Kingdom.

Sell -

Seller(S) 1

SELLER

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 13 of 19
Sector (Information Technology) 3 of 3
Type (Divestiture) 12 of 18
State (Minnesota) 6 of 11
Country (United States) 12 of 17
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-07 3M - Safety Prescription Eyewear Business

St Paul, Minnesota, United States

3M Co. - Safety Prescription Eyewear Business is a provider of safety prescription eyewear or frames in Latin America, Europe and Asia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-16 Scott Safety Supply Services

Whitecourt, Alberta, Canada

Scott Safety Supply Services, Inc. is a premier manufacturer of innovative products, including self-contained breathing apparatus (SCBA) systems, gas and flame detection instruments, and other safety devices that complement 3M’s personal safety portfolio. Scott Safety’s products help protect firefighters, industrial workers, police, military, homeland security forces, and rescue teams around the world from environmental hazards.

Buy $2.0B
Mergr

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