• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Thales Officially Makes Its Offer in Gemalto Acquisition Bid

March 29, 2018

Thales has launched its all-cash offer to acquire Gemalto.Thales Officially Makes Its Offer in Gemalto Acquisition Bid

The company officially published its offer document on Tuesday to all Gemalto shareholders, at €51.00 per ordinary share, and €25.50 per American Depositary Share. The acceptance period for the offer started on Wednesday.

In a statement, Thales CEO Patrice Caine called the offer document’s publication “the first major step of the proposed acquisition of Gemalto, to create a world leader in digital security.” Gemalto’s Board of Directors has recommended that all shareholders accept the offer, and members of the board who are themselves shareholders have likewise committed to tender their shares.

Gemalto’s management first accepted Thales’ offer in December, amid a hostile takeover effort by Atos, which had offered €46.00 for issued and outstanding shares. In January, Gemalto and Thales issued an update in which they pointed to good progress in their negotiations, and predicted that their merger would produce one of the three biggest digital security companies in the world. In their statement announcing the offer document’s publication, the companies suggested that Thales’ acquisition of Gemalto will add €3 billion in revenue to its digital business revenues.

The acquisition offer will be discussed at a Gemalto shareholders meeting scheduled for May 18, and the companies’ leadership expect the deal to close in the second half of the year.

Filed Under: Industry News

Related News & Articles

Four Years After Hack Attack, Slack Resets User Passwords

Apple Patent Application Hints at Face ID for Mac Computers

Biometrics Industry Expert Steve Cook Becomes FaceTec VP

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • MDL, Digital ID Gain Momentum in State Efforts
  • Brazil-based Selfie Onboarding Startup Reports 250% Sales Jump, Global Expansion
  • ‘All Partners Remain Committed’ to Digital Travel ID Project: Transport Canada
  • North Carolina DMV Seeks Political Support for MDL
  • The Road Ahead for Biometrics and Identity Online Summit

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld