| Cogent Systems, Inc. | |
| Type: | Subsidiary |
| Defunct: | [1] |
| Fate: | Acquired by 3M Corporation August 30, 2010.Acquired by Gemalto December 9, 2016 as part of 3M's Identity Management Business acquisition. |
| Key People: | Ming Hsieh Paul Kim |
| Industry: | Security |
| Products: | Biometric Identification Systems (Fingerprint, Iris, Facial Recognition) |
| Services: | Biometric Identification |
| Revenue: | US$125,680,000 Million (2008)[2] |
| Operating Income: | US$53,070,000 (2008)[3] |
| Net Income: | US$45,180,000 (2008) |
| Assets: | US$620,130,000 (2008) |
| Equity: | US$519,470,000 (2008) |
| Num Employees: | 365 (December 2008) |
| Parent: | 3M (as of August 30, 2010)Gemalto (as of December 9, 2016) |
| Location: | South Pasadena, California U.S.Moved to Pasadena, CA June 2006. |
Cogent Systems, Inc. is a manufacturer of automated fingerprint identification systems (AFIS).
On January 20, 2006, the City of Pasadena (CA) announced Cogent Systems' impending relocation from South Pasadena to Pasadena.[4]
On August 30, 2010, 3M announced they had acquired Cogent Systems for $943M.[5]
On September 2, 2010, Steven Davidoff Solomon of the New York Times wrote about three of Cogent's shareholders objecting to what they considered 3M's low purchase offer.[6]
On December 9, 2016, Gemalto announced they had purchased 3M's Identity Management Business (which includes Cogent Systems, Inc., Document Reader, and Secure Materials Business) for US$850 million.[7]
On May 1, 2017, 3M announced the completion of the sale of its identity management business to Gemalto.[8]