Fargo Electronics Announces Completion of Merger
MINNEAPOLIS
Fargo Electronics Inc. announces its stockholders voted to approve the company’s merger with HID Global Corp. of Irvine, Calif., a subsidiary of Swedish locks and security systems maker ASSA ABLOY. The acquisition has received regulatory approval.
The acquisition is a result of a long-standing relationship between the two security companies and their decision to jointly pursue opportunities in the secure identification field, according to a company statement.
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