Home / Tag Archives: Gemalto

Tag Archives: Gemalto

Tech Companies to Help NIST Establish ‘Trusted Cloud’ to Support Workloads; Cameron Chehreh Quoted

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, …

Read More »

Thales Initiates All-Cash Offer to Acquire Gemalto

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, …

Read More »

PwC: Global Aerospace, Defense M&A Hit $72B in 2017

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 …

Read More »

Gemalto to Buy 3M’s Identity Mgmt Business for $850M in Biometrics Market Push

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 …

Read More »

Philippe Vallee to Succeed Olivier Piou as Gemalto CEO; Alex Mandl Comments

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, …

Read More »

Olivier Piou: Gemalto Closes SafeNet Acquisition for Enterprise, Cloud Security Strategy

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 …

Read More »

Gemalto Inks $890M Cash Deal to Buy SafeNet

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 …

Read More »