Visualant Buys TransTech

Gregory T. Huang2/19/09

Seattle-based Visualant (OTCBB: VSUL), a developer of light-based security and authentication technologies, announced today it is acquiring TransTech Systems, a Wilsonville, OR-based maker of identification and security products. Terms of the deal were not disclosed, but the acquisition is through a combination of cash and stock and is expected to close before the end of June.

Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.