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Monday, May 12, 2008

3M sells off a piece

Star Tribune Sat, 10 May 2008 01:45:16 GMT
3M to sell its HighJump Software unit

Private equity firm Battery Ventures will buy the subsidiary that 3M acquired in 2003 for its expertise in track-and-trace products technology. HighJump's revenue nearly tripled since then, from $34 million to over $90 million.

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