Cogent Systems

Cogent Systems, Inc. is a manufacturer of automated fingerprint identification systems (AFIS).

Cogent Systems, Inc.

Company type	Subsidiary
Industry	Security
Founded	1990 (1990)
Defunct	December 2010 (2010-12)[1]
Fate	Acquired by 3M Corporation August 30, 2010. Acquired by Gemalto December 9, 2016 as part of 3M's Identity Management Business acquisition.
Headquarters	South Pasadena, California U.S. Moved to Pasadena, CA June 2006.
Key people	Ming Hsieh (Co-founder, CEO, President, and Chairman) Paul Kim (CFO)
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)[3]
Total assets	US$620,130,000 (2008)[3]
Total equity	US$519,470,000 (2008)[3]
Number of employees	365 (December 2008)[3]
Parent	3M (as of August 30, 2010) Gemalto (as of December 9, 2016)
Website	www.cogentsystems.com

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]