industry news

Thales Formally Completes its Acquisition of Gemalto

Thales Formally Completes its Acquisition of Gemalto

After months of negotiations, Thales has finally completed its acquisition of Gemalto. The final price tag was €4.8 billion, and increases Thales’s revenues to €19 billion for 2018. “With Gemalto, Thales has acquired a set of highly complementary technologies and competencies with applications in all of our five vertical markets,” said Thales Chairman and CEO…

Mobile Payments Specialist Boku Acquires Danal, Inc.

Mobile Payments Specialist Boku Acquires Danal, Inc.

“The deal entails “a total consideration of $112 Million plus warrants,” according to a press release from the companies. It is expected to close by the year’s end.” Boku, a California-based mobile payments platform, is acquiring mobile authentication specialist Danal, Inc. The companies have signed an agreement for Boku to buy all of Danal’s outstanding…

Thales, Gemalto Adjust Expectations for Merger Closing Date

Thales, Gemalto Adjust Expectations for Merger Closing Date

The leadership at Gemalto and Thales are adjusting their expectations with respect to their proposed merger, announcing that they now expect the deal to close in the first quarter of 2019. The announcement comes after the news that the US Committee on Foreign Investment had given the merger its thumbs-up last month, marking the 6th…