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.
Advisory firms were not disclosed for this transaction.