0
Wireless

Thales completes EUR 4.8 bln acquisition of Gemalto

Tuesday 2 April 2019 | 10:40 CET | News

FREE webinar by Telecompaper on the Trends and Developments in the Dutch Telecoms market 2019Q2. Thursday 26th September at 15:00. Register now!

After a lengthy regulatory clearance process, Thales has finalised the acquisition of Gemalto, first announced at the end of 2017. Completed over fifteen months, the EUR 4.8 billion deal increases Thales' revenues to EUR 19 billion a year, positioning Gemalto as a new global division within the Thales group, to be named Digital Identity and Security (DIS).

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.

Subscriptions

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: Mobile & Wireless
Companies: Gemalto / Thales
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.


Related

Gemalto to provide voter biometric authentication for Philippines elections

Published 13 May 2019 11:59 CET | Philippines
The Philippines' COMELEC (Commission on Elections) will rely on Gemalto and its partner Nextix to enable biometric authentication ...

Gemalto to delist from Euronext

Published 16 Apr 2019 11:08 CET | Europe
Thales confirmed that it will soon start the statutory buy-out proceedings to increase its stake in Gemalto from the current 97 ...

Thales, Gemalto finalise regulatory clearance in US, expect Russia approval in March

Published 06 Mar 2019 11:25 CET | World
Thales and Gemalto announced that their recent agreement with the antitrust division of the US Department of Justice has received ...

US gives Thales green light for Gemalto takeover subject to sale of HSM business

Published 01 Mar 2019 11:18 CET | United States
Thales and Gemalto have reached an agreement with the antitrust division of the US Department of Justice to secure regulatory ...

Thales, Gemalto receive merger control regulatory clearances in Australia, Mexico

Published 21 Dec 2018 06:46 CET | Australia
Thales and Gemalto have received merger control Regulatory Clearances from both the Australian Competition and Consumer ...

Thales secures EU approval for Gemalto takeover subject to sale of HSM business

Published 12 Dec 2018 10:23 CET | World
Thales and Gemalto have announced that that they have received regulatory clearance for their proposed merger from the European ...

Thales outbids Atos to acquire Gemalto

Published 18 Dec 2017 08:50 CET | World
The offer price represents a premium of 57 percent over the closing price of Gemalto stock on 8 December, before Atos made its ...