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General

EU regulators to probe Thales takeover of Gemalto

Tuesday 24 July 2018 | 09:25 CET | News
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The European Commission announced that it has opened an in-depth investigation to assess the proposed acquisition of Gemalto by Thales. European competition commissioner Margrethe Vestager said that the probe will assess concerns that the merger could lead to higher prices and reduced choice in the market of hardware security modules (HSMs) for business customers looking to safely encrypt their data.

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Categories: General
Companies: European Commission / Gemalto / Thales
Countries: World
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