Cogent Systems

{{Short description|Defunct technology company}}

{{Infobox company

| name = Cogent Systems, Inc.

| logo =

| type = Subsidiary

| traded_as =

| predecessor =

| successor =

| founder =

| defunct = {{End date|2010|12}}{{cite web |url=http://media.corporate-ir.net/media_files/irol/80/80574/annualreport/2010_Annual_Report.pdf |title=2010 Annual Report |author= |date= |work= |publisher=3M |accessdate=11 March 2012}}

| fate =Acquired by 3M Corporation August 30, 2010.

Acquired by Gemalto December 9, 2016 as part of 3M's Identity Management Business acquisition.

| area_served =

| key_people = Ming Hsieh {{small|(Co-founder, CEO, President, and Chairman)}}
Paul Kim {{small|(CFO)}}

| industry = Security

| products =Biometric Identification Systems (Fingerprint, Iris, Facial Recognition)

| services = Biometric Identification

| revenue = US$125,680,000 Million (2008){{cite news |title=Cogent Systems Announces Fourth Quarter and Full Year 2008 Financial Results |url=https://www.reuters.com/article/2009/02/25/idUS269338+25-Feb-2009+BW20090225 |archive-url=https://archive.today/20130201135659/http://www.reuters.com/article/2009/02/25/idUS269338+25-Feb-2009+BW20090225 |url-status=dead |archive-date=February 1, 2013 |work=Reuters|date=Feb 25, 2009 |accessdate=3 March 2009}}

| operating_income = US$53,070,000 (2008){{cite web |url=https://www.google.com/finance/quote/COGT:NASDAQ |title=COGT - Cogent, Inc. - Google Finance |access-date=2009-03-24 |work=Google Finance}}

| net_income = US$45,180,000 (2008)

| assets = US$620,130,000 (2008)

| equity = US$519,470,000 (2008)

| owner =

| num_employees = 365 (December 2008)

| parent = 3M (as of August 30, 2010)

Gemalto (as of December 9, 2016)

| divisions =

| subsid =

| footnotes =

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| foundation = {{Start date|1990}}

| location_city =

| location_country =

| location = South Pasadena, California U.S.

Moved to Pasadena, CA June 2006.

| locations =

| homepage = {{URL|www.cogentsystems.com}}

}}

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.{{Cite web|url=http://ww5.cityofpasadena.net/mayor/state-of-the-city-january-20-2006/|title=STATE OF THE CITY – JANUARY 20, 2006 – City of Pasadena {{!}} Mayor & City Council|last=Pasadena|first=City of|website=ww5.cityofpasadena.net|language=en-US|access-date=2017-06-13}}{{Dead link|date=July 2020 |bot=InternetArchiveBot |fix-attempted=yes }}

On August 30, 2010, 3M announced they had acquired Cogent Systems for $943M.{{cite news |last=Sayer |first=Peter |title= 3M Offers $943M for Biometric Security Vendor Cogent Systems |url= http://www.pcworld.com/article/204400/article.html |accessdate= 16 February 2013 |newspaper= PC World |date= 30 August 2010}}

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.{{Cite news|url=https://dealbook.nytimes.com/2010/09/02/the-strangeness-of-3ms-cogent-deal/?mcubz=2&_r=0|title=The Strangeness of 3M's Cogent Deal|last=Solomon|first=Steven Davidoff|work=DealBook|access-date=2017-06-13|language=en}}

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.{{Cite web|url=http://www.gemalto.com/press/Pages/Gemalto-to-acquire-3M-s-Identity-Management-Business.aspx|title=Gemalto to acquire 3M’s Identity Management Business|date=December 9, 2016|website=www.gemalto.com|language=en-US|access-date=2017-06-13}}

On May 1, 2017, 3M announced the completion of the sale of its identity management business to [https://www.gemalto.com/govt Gemalto].{{Cite web|url=http://news.3m.com/press-release/company-english/3m-completes-sale-its-identity-management-business|title=3M Completes Sale of Its Identity Management Business {{!}} 3M News {{!}} United States|website=news.3m.com|language=en|access-date=2017-06-13}}