The  Gemalto today has declared about the closing of the acquisition of 3M's Identity Management Business after approval by the relevant regulatory and antitrust authorities.

The Gemalto CEO, Philippe Vallee said "With the acquisition of 3M's Identity Management Business, Gemalto makes a strategic move by in-sourcing biometric technology. Combining our market access, technologies and expertise will enable Gemalto to further accelerate the deployment of trusted national identities and to offer strong end-to-end biometric authentication solutions throughout the digital economy," 

Vallee added "I warmly welcome the new teams joining Gemalto and we look forward to working closely together towards success,"

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