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Wireless

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

Friday 1 March 2019 | 11:18 CET | News
Thales and Gemalto have reached an agreement with the antitrust division of the US Department of Justice to secure regulatory clearance for their proposed merger, which they now expect to finalise by the end of March. In line with commitments already made to the European Commission and other regulatory authorities, this latest agreement is conditional on the divestment of Thales' GP HSM (General Purpose Hardware Security Module) business, to resolve competition concerns raised by the justice department. 

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Categories: Mobile & Wireless
Companies: Gemalto / Thales
Countries: United States
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