Thales has launched an all-cash offer to acquire all shares of Gemalto for approximately $63.2 per share plus dividend under a merger agreement announced in December 2017. “The publication of the offer document is the first major step of the proposed acquisition of Gemalto,” Patrice Caine, Thales chairman and CEO, …

Digital security company Gemalto has agreed to purchase the identity management business of 3M (NYSE: MMM) for $850 million in a push to expand government programs technology offerings for the commercial biometrics market. Gemalto said Friday it expects the transaction to close in the first half of 2017 pending regulatory approvals …

Philippe Vallee, chief operating officer at Gemalto, will be endorsed by the board of directors to succeed Olivier Piou as the new CEO of the Amsterdam-based digital security firm, effective Sept. 1. Piou will retire on Aug. 31 but will continue to serve on Gemalto’s board as a non-executive director, …

Amsterdam-based online security firm Gemalto has closed its estimated $890 million cash acquisition of Maryland-headquartered enterprise data protection technology maker SafeNet from Vector Capital. Gemalto said Wednesday it will add SafeNet into the payment and identity segment and the purchase is primarily of platforms and services. Olivier Piou, Gemalto CEO, said the …

Online security firm Gemalto has agreed to acquire enterprise data protection technology provider SafeNet from Vector Capital for $890 million in cash. Gemalto expects the SafeNet purchase to close in the fourth quarter of this year and will finance the deal with cash on hand and money under existing credit …

TYSONS CORNER, VA, September 17, 2018 — Technology companies including Dell EMC, Gemalto, HyTrust, IBM (NYSE: IBM), Intel (Nasdaq: INTC), RSA and VMware (NYSE: VMW) will work with the National Institute of Standards and Technology on a project to establish a “Trusted Cloud” that will ensure the security and privacy of workloads, …

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

Mark Monroe, former vice president of finance and corporate controller at Deltek, has joined Arlington, Virginia-based contractor PAE as corporate controller. He was most recently responsible for Deltek’s global accounting, corporate governance and financial reporting and analysis functions, as well as oversaw the financial aspects of six acquisition deals the enterprise software vendor previously …

TYSONS CORNER, VA July 29, 2015 — Tom Callahan, vice president of sales at SafeNet Assured Technologies, discussed the future of cross-domain technology and two-factor authentication in the security market in an interview with ExecutiveBiz posted Tuesday. He also highlighted compliance and workforce strength as SafeNet AT’s priorities following its …