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Gemalto and Faraday Future work together to deploy secure, connected vehicles
2018-06-25 11:57:05| Green Car Congress
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Thales succeeds with 5.6 billion bid for Gemalto
2017-12-19 01:00:00| Total Telecom industry news
French technology firm Thales has succeeded in the acquisition of digital security specialist firm Gemalto, according to statements from both companies. Thales will pay €5.6 billion for Gemalto, including around &euro…read more on TotalTele.com »
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Thales outbids Atos to acquire Gemalto
2017-12-18 08:50:00| Telecompaper Headlines
(Telecompaper) The offer price represents a premium of 57 percent over the closing price of Gemalto stock on 8 December, before Atos made its bid. Thales said it will combine its digital assets with Gemalto within a new Global Business Unit, to be led by Gemalto CEO Philipps Vallee. Gemalto will continue under its own brand as one of the seven Thales global business units. Altogether, the new business unit will represent about 20 percent of pro forma group revenues and rank among the top three players worldwide, with EUR 3.5 billion revenues in the fast growing digital security market.
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Gemalto knocks back 4.3 billion takeover bid from Atos
2017-12-15 01:00:00| Total Telecom industry news
Digital security firm Gemalto has rejected a €4.3 billion takeover bid from French IT vendor Atos, on the basis that it undervalues the company. Gemalto employs 15,000 people in 48 countries. Last year it recorded revenues of €3.1 billion. "Gemalto rejects unsolicited and conditional proposal by Atos…read more on TotalTele.com »
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Gemalto soundly rejects Atos bid
2017-12-13 23:05:00| Telecompaper Headlines
(Telecompaper) Gemalto has soundly rejected the EUR 4.3 billion takeover bid from Atos, saying it is best positioned to grow successfully and create long term value on a standalone basis. Gemalto said the bid undervalues the company's past share price averages and its future potential as it successfully transitions from traditional banking and telecom smartcard markets to fast-growing government, enterprise & cybersecurity and machine-to-machine markets. The bid price also doesn't reflect the potential synergies that would come from a combination with Atos, which Atos itself believes to be substantial. Gemalto CEO Philippe Vallee said that as it nears transition end, the company will be presenting a new "ambitious and substantial" development plan that will focus on the next generation of digital security for companies, governments and citizens worldwide.
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