PARIS—Safran has cleared the last hurdle in its acquisition of L-1 Identity Solutions, a Stamford, Conn.-based biometrics company, and expects to close the deal by the end of next week.
PARIS—Biometric giant L-1 Identity Solutions, which announced in March it was for sale, has a buyer: Safran, based here, announced Sept. 20 that it would acquire L-1 and its biometric and enterprise access solutions, secure credentialing solutions and enrollment services business in a $1.09 billion cash deal.
