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If you theYear=theYear+1900 Thales Acquires Gemalto, Becomes Leader on Digital Identity and Security By Ken Briodagh April 08, 2019. Sign up to receive the SecureIDNews weekly email news summary. Gemalto soon will have a new owner. With this acquisition, Thales adds over €3bn of revenue to its digital business sales and acquires a set of technologies and competencies that have applications in all of Thales’s five vertical markets. [email protected] Si vous désactivez les cookies, vous ne pouvez plus naviguer sur le site. Thales will expand its operations in Latin America, Northern Asia, Southeast Asia, India, and North America. Gemalto will form one of Thales’s seven global divisions, to be named Digital Identity and Security (DIS). Headquartered in France, Thales designs and builds electrical systems and provides services for the aerospace, defense, transportation, and security markets. “We share the same values and Gemalto will be able to pursue its strategy, accelerate its development and deliver its digital security vision, as part of Thales.”. Together, we are creating a giant in digital identity and security with the capabilities to compete in the big leagues worldwide.”, Emerging from the lockdown is a challenge for spheres as tied to personal service as brick-and-mortar retail and entertainment, but IoT can make the t…, Honeywell recently launched the first tools from its new suite of Connected Life Safety Services (CLSS), which is the company's first all-in-one cloud…, It comes as no surprise that COVID-19 is changing the way that companies operate. In the agreement, Thales is to pay €51 per Germalto's share cum dividend (a premium of 56% over the 1-month volume weighted average price), totalling €4.8 billion. All rights reserved. “The integration of Gemalto strongly accelerates this strategy, reinforcing Thales’s digital offering, across its five vertical markets—aeronautics, space, ground transportation, defense and security,” Thales said. “Gemalto is well advanced in its transition from its historical markets to the fast-growing government, enterprise security, and industrial Internet of Things markets, with significant growth potential both in revenue and margin terms,” Thales said. It will finance the deal through cash and new debt. if (theYear < 1900) AVISIAN Publishing. In an announcement 15 months in the making, the acquisition of Gemalto by Thales for $5.4 billion has reportedly created a Group that will be a leader in digital identity and security. To up digital identity expertise Thales acquires Gemalto. The larger Thales will master all the technologies underpinning the critical decision chain for companies, organisations and governments. © Copyright 2002- Thales acquires Gemalto in huge digital security deal. The digital security services provider says it has reached an acquisition agreement with France-based aerospace and defense group Thales in a deal worth approximately $5.5 billion. “With Gemalto, a global leader in digital identification and data protection, Thales has acquired a set of highly complementary technologies and competencies with applications in all of our five vertical markets, which are now redefined as aerospace; space; ground transportation; digital identity and security; and defence and security,” said Patrice Caine, Chairman and CEO, Thales. The integration of Gemalto reinforces Thales’s digital offering across its five vertical markets (aeronautics, space, ground transportation, defence and security). Thales and Gemalto announced they have reached a merger agreement on a recommended all-cash offer from Thales. Incorporating Gemalto, Thales said it will develop secure solutions to address major challenges like unmanned air traffic management, data and network cybersecurity, airport security, and financial transaction security. Be careful, if Thales will combine its digital businesses into, Special Features : Test & Measurement - IoT Nodes & Networks - Memory Technologies. These cookies are required to navigate on our Site. To cancel some cookies, please follow the procedures on the following links. privacy policy of these social networks. In an announcement 15 months in the making, the acquisition of Gemalto by Thales for $5.4 billion has reportedly created a Group that will be a leader in digital identity and security. networks. Cal-Chip Connected Devices (CCCD) recently launched its Internet of Things (IoT) e-commerce site, according to an announcement. theYear=now.getYear() According to Thales’s Chairman and Chief Executive Officer Patrice Caine, the acquisition of Gemalto is a key milestone in the implementation of Thales’s strategy to become a global leader in digital security. “These are the smart technologies that help people make the best choices at every decisive moment. We share the same values and Gemalto will be able to pursue its strategy, accelerate its development and deliver its digital security vision, as part of Thales”, said Philippe Vallée, Gemalto’s Chief Executive Officer in a joint company statement. They allow us to analyse our traffic. All rights reserved. With more than $1 billion a year devoted to self-funded R&D, the group plans to continue to work on new technologies in the Internet of Things, Big Data, artificial intelligence and cybersecurity. Gemalto will interact with civil and defense customers and will strengthen its industrial presence in 68 countries. In the agreement, Thales is to pay €51 per Germalto's share cum dividend (a premium of 56% over the 1-month volume weighted average price), totalling €4.8 billion. now = new Date Thales will acquire Gemalto and merge the two companies to form a global business unit among the top three players in the digital security market with €3.5 billion in revenues, the companies announced.. This site uses cookies to enhance your visitor experience. Altogether, this new business unit will represent about 20% of pro forma Group revenues and rank among the top three players worldwide, with €3.5bn revenues in the fast growing digital security market. Some sharing buttons are integrated via third-party applications that can issue this type of The deal promises to add more than $3.5 billion in revenue to Thales’ balance sheets. In an announcement 15 months in the making, the acquisition of Gemalto by Thales for $5.4 billion has reportedly created a Group that will be a leader in digital identity and security. Thales will combine its digital businesses into Gemalto, which will continue to operate under its own brand as one of the seven Thales global business units. In this episode of IoT Time Podcast, Ken Briodagh sits down with Todd Krautkremer of Cradlepoint, to talk about how the world and the IoT industry are…. In an announcement 15 months in the making, the acquisition of Gemalto by Thales for $5.4 billion has reportedly created a Group that will be a leader in digital identity and security. Thales is buying Gemalto at a time of rapid change for the company. Philippe Vallée will lead the combined digital security business. disable cookies, you can no longer browse the site. The combination creates a powerhouse with a solution portfolio including security software, expertise in biometrics and multifactor authentication and the issuance of secure digital and physical credentials. cookies. Thales, the aerospace and defense electronics group, recently announced the takeover of cybersecurity firm Gemalto in a cash deal of 4.8 billion euros ($5.4 billion) to boost its presence in the security services market. “The combination creates a powerhouse with a solution portfolio including security software, expertise in biometrics and multifactor authentication and the issuance of secure digital and physical credentials.”. you disable it, you will not be able to share the content anymore. The deal also gives Thales the wide expertise built up over the years by Gemalto, its technology, experience and employees helping Thales strengthen its offerings in digital security systems, including technology that helps to protect governments, airports and data. 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The deal comes amid a major digital technology push from Thales, which in the last three years has invested more than $1.1 billion to beef up its prowess in such areas as cybersecurity, artificial intelligence and data analytics. Both the Thales and Gemalto management teams share a common industrial vision and endorse the growth project of this newly created digital security global business. Sing up to receive our updates and other IoT Evolution news! Thales Acquires Gemalto, Becomes Leader on Digital Identity and Security By Ken Briodagh. Research and development is at the stated core of the new Group, with a portfolio of 20,500 patents, of which more than 400 new ones were registered in 2018. 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