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Snap-on acquires Cognitran for $31M in cash

|About: Snap-on Incorporated (SNA)|By: , SA News Editor

Cognitran specializes in flexible, modular and highly scalable "Software as a Service" products for original equipment manufacturer customers and their dealers.

The acquisition enhances and expands Snap-on’s (NYSE:SNA) capabilities in providing shop efficiency solutions through integrated upstream services to OEM customers in automotive, heavy duty, agricultural and recreational applications.

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