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Purchase price of US$890 million will be financed by available cash and existing credit facilities
August 8, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Gemalto announced that it has signed a definitive agreement to acquire 100% of the share capital of SafeNet, a worldwide leader in data protection and software monetization, from Vector Capital for US$890 million on a debt free/cash free basis. Headquartered in Belcamp, MD, USA, and presently located in 27 countries, SafeNet is one of the largest dedicated digital information security companies in the world, trusted to protect, control the access to and manage the world`s most sensitive data ...
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