About This Deal

3M Company acquired Archon Technologies Inc., a transaction completed in August 2006, structured as Acquisition.

Archon Technologies Inc. operates in Traffic Safety & Security (Motor Vehicle Solutions), is based in United States. Archon Technologies, based in Denver, Colorado, provides enterprise software for motor-vehicle agencies, managing vehicle registration, titling, driver licensing, professional licensing, dealer credentialing and revenue management. 3M acquired it to strengthen its solutions that help motor-vehicle agencies operate more efficiently.

Strengthens 3M's core solutions for motor-vehicle agency operations and customer service.

Deal Terms

Acquirer
3M Company
Target
Archon Technologies Inc.
Value
Not disclosed
Date
August 2006
Type
Acquisition
Status
Official-source - no SEC filing

Transaction Details

Target HQ
United States
Segment
Traffic Safety & Security (Motor Vehicle Solutions)
Structure
Acquisition
Announced
July 20, 2006
Closed
August 1, 2006

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · SEC filing ↗

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