Flexible Electronics News

Thales to Acquire Gemalto for $5.6 Billion

Goal is to create a world leader in digital security.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Thales and Gemalto announce that they have reached an agreement on a recommended all-cash offer for all issued and outstanding ordinary shares of Gemalto, for a price of €51 per share cum dividend, or approximately $5.6 billion, according to reports.   “The acquisition of Gemalto marks a key milestone in the implementation of Thales’s strategy,” Patrice Caine, Thales’s chairman and CEO, said. “Together with Gemalto’s management, we have big ambitions based on a shared vision of the digital tra...

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