Viisage Acquires Imaging Automation

October 22, 2004

Viisage acquired Imaging Automation (iA), a Bedford, New Hampshire–based provider of document scanning and authentication hardware and software, in a transaction valued at approximately $5 million in cash plus 3.9 million shares and assumption of $2.9 million of debt. The deal expands Viisage’s identity-document authentication capabilities and global installed base and is expected to be accretive to EBITDA, cash flow and EPS in 2005.

Buyers
Viisage
Targets
Imaging Automation
Industry
Cybersecurity
Location
New Hampshire, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.