Oberthur to acquire NagraID Security

Tuesday 19 August 2014 | 10:42 CET | News
Digital security company Oberthur Technologies has signed an agreement to acquire NagraID Security from Kudelski and the company's management for an undisclosed amount. NagraID Security develops and markets powered display cards to secure access to the cloud, primarily for companies operating in financial payments, authentication and identification solutions. Oberthur CEO Didier Lamouche said the acquisition is a significant move for his company in the very competitive payment card market and in particular helping to reduce fraud for card remote transactions.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Kudelski Group / Oberthur Technologies
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Kudelski reports revenue, profit growth in first half

Published 21 Aug 2014 10:54 CET | World
Media content protection company Kudelksi reported revenue and other operating income up 5.2 percent to CHF 400 million in the ...

Kudelski Group announces sale of NagraID subsidiary

Published 05 May 2014 19:22 CET | World
Global independent provider of media content protection and technology, Kudelski Group has announced the sale of its NagraID ...

Merged operator WindTre market leader with 35.2% share in mobile SIMs
Italy  |  2016Q4