Federal Signal (FSS) agrees to sell its FSTech business, which makes hardware and software used...

|About: Federal Signal Corporation (FSS)|By:, SA News Editor

Federal Signal (FSS) agrees to sell its FSTech business, which makes hardware and software used in electronic tolling, parking and access control and law enforcement, to 3M (MMM) for $110M in cash. FSS says the move is aimed at reducing outstanding debt, which totaled $235M at the end of March.