BiometricSecurity

3M to Buy Biometrics Company Cogent for $943 Million

Office supply maker 3M (MMM) agreed to buy biometrics company Cogent Inc. for $943 million, or $10.50 a share. A subsidiary of 3M will begin a tender offer to buy all outstanding shares of Cogent in the next ten business days, the companies said in a statement. Cogent%u2019s board unanimously recommended that shareholders accept the offer, and the deal is expected to close in the fourth quarter.

The Gym Wants My Fingerprints: A Biometric Dilemma

If your gym wants to use your fingerprints as a biometric ID to save you the trouble of carrying a membership card, is this a good thing? National chain 24-Hour Fitness is hoping to use your most unchangeable identifier to get you to the Stairmaster a bit faster, but is it worth the risk?