News & Events

Company Press Release
September 20, 2010

L-1 Identity Solutions Announces Agreement to Be Acquired by Safran for $12.00 per Share

Safran announced today that it has entered into a definitive agreement with L-1 Identity Solutions, a leading identity management provider in the United States, for Safran to acquire the operating and holding company of L-1 and its biometric and enterprise access solutions, secure credentialing solutions and enrollment services businesses, for a total cash amount of USD 1.09 billion. More