mergers and acquisitions

HID Global Finalizes De La Rue ID Acquisition

HID Global Finalizes De La Rue ID Acquisition

HID Global has completed its acquisition of De La Rue’s international identity solutions business, the company has announced. The latter company is a UK-based manufacturer of passports, bank notes, and tax stamps. When HID Global first announced its plan to buy De La Rue’s identity business back in June, the company noted the latter’s significant…

HID Global to Acquire RFID Components Supplier

HID Global to Acquire RFID Components Supplier

HID Global has established an agreement to acquire LUX-IDent, an RFID components supplier based in the Czech Republic, the company has announced. The Czech firm designs and manufactures RFID components including inlays, prelaminates, key fobs, and glass transponders, among others; and its solutions range across Low Frequency, High Frequency, Near Field Communication, and RAIN RFID…

HID Global Acquires Australian Card Maker

HID Global Acquires Australian Card Maker

HID Global has made its latest strategic acquisition, buying secure card maker Placard. Based in Melbourne, Placard is said to be Australasia’s largest secure card manufacturer, producing more than 100 million cards annually. In Australia, it is the only Secure Plastic Card maker accredited by all of the country’s major schemes. In a statement announcing…

HID Global Acquires PKI Certificate Specialist HydrantID

HID Global Acquires PKI Certificate Specialist HydrantID

“In announcing the acquisition, HID Global framed HydrantID’s platform as a complement to its own IdenTrust digital certificate platform.” HID Global has made its latest strategic acquisition, with Salt Lake City-based HydrantID coming into the fold. The latter specializes in offering Public Key Infrastructure (PKI) solutions, primarily revolving around the issuance of digital certificates for…

Goodix to Acquire NXP’s Voice and Audio Tech Business

Goodix to Acquire NXP’s Voice and Audio Tech Business

Goodix has entered into a definitive agreement to acquire NXP Semiconductors’ Voice and Audio Solutions (VAS) business. The deal includes offices in Europe and Asia as well as intellectual property holdings related to VAS. Having established itself as an important supplier of fingerprint scanning solutions for smartphones, including the in-display sensor technology that is currently…

Broadcom to Buy Symantec’s Enterprise Security Business for $10.7B

Broadcom to Buy Symantec’s Enterprise Security Business for $10.7B

Chipmaker Broadcom has entered into an agreement to acquire the enterprise security business of Symantec Corporation for $10.7 billion. The deal is part of a larger effort on Broadcom’s part to diversify its business, with the company aiming to become a leading global provider of IT infrastructure solutions across both hardware and software. The acquisition…

HID Global to Acquire Passport Business of De La Rue

HID Global to Acquire Passport Business of De La Rue

HID Global has established an agreement to acquire the identity solutions business of UK-based De La Rue, a manufacturer of banknotes, tax stamps, and passports. In announcing the acquisition, HID Global asserted that it would strengthen its position in the global government-to-citizen identification market, adding that De La Rue has a “significant market presence in…

Engineering Firm Confident in Acquisition of Face ID Laser Tech Provider Finisar Despite US-China Trade War

Engineering Firm Confident in Acquisition of Face ID Laser Tech Provider Finisar Despite US-China Trade War

US-based engineering firm II-VI is reassuring investors that its acquisition of Finisar should proceed as planned despite the US government’s placement of Huawei on its trade blacklist. The acquisition was approved by shareholders of both companies earlier this year, paving the way for a merger that could significantly extend the applications of Finisar’s 3D Sensing…

Thales Pursues Final Share Buyout with Gemalto to be Delisted May 29th

Thales Pursues Final Share Buyout with Gemalto to be Delisted May 29th

“Now, since it holds over 95 percent of Gemalto’s shares, Thales has been following through on its statutory obligation to buy out the remaining shares in order to attain a 100 percent shareholding.” Just a little over 97 percent of Gemalto shares have now been tendered to Thales‘ acquisition offer, the companies have announced. It’s…

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…

Gemalto Shareholders Accept Thales’ Acquisition Offer

Gemalto Shareholders Accept Thales’ Acquisition Offer

It’s official: Thales and Gemalto are merging. With the March 28th deadline for Gemalto shareholders to accept Thales’ acquisition offer now passed, the companies report that 85.58 percent of shares have been tendered, rendering the deal unconditional. As of April 1st, Gemalto will be consolidated into Thales’ financial statements, while payment of the share offer…

Thales-Gemalto Merger to Move Forward With or Without Russian Approval

Thales-Gemalto Merger to Move Forward With or Without Russian Approval

Thales is now ready to move ahead with its acquisition of Gemalto, even if the merger has not obtained all of the global regulatory clearances yet. The companies have announced that Thales is waiving the Offer Condition pertaining to antitrust and foreign investment regulations in Russia, the last remaining country in which the merger has…

Thales, Gemalto Obtain DoJ Clearance for Merger

Thales, Gemalto Obtain DoJ Clearance for Merger

“The approval is dependent on Thales’ agreement to sell off its Hardware Security Modules business, a condition that was also set by other regulatory authorities, perhaps most notably the European Commission.” Thales and Gemalto are now on the cusp of sealing the deal for their proposed merger: The companies have announced that Thales’ offer to…

Adjust Announces Acquisition of Unbotify

Adjust Announces Acquisition of Unbotify

Some clicks are worth more than others, especially in the world of online advertizing. Many ad views are created by bots rather than people, which is why the World Federation of Advertisers estimates that ad fraud will cost advertisers roughly $50 billion by the year 2025. With that in mind, the fraud prevention company Adjust…

NEC is Buying Denmark’s Largest IT Company

NEC is Buying Denmark’s Largest IT Company

NEC is buying a major European IT company in a bid to increase growth in its global safety business. The company announced that it has established a deal to acquire KMD, which it says is Denmark’s largest IT company. In a statement announcing the acquisition, NEC explained that it is part of its “Mid-term Management…

Thales, Gemalto Now Have 11 of 14 Clearances for Merger

Thales, Gemalto Now Have 11 of 14 Clearances for Merger

Thales and Gemalto have cleared another two hurdles in their race to get approval for their proposed merger: The companies have announced that they have received clearances from the Australian Competition and Consumer Commission and Mexico’s Comisión Federal de Competencia Económica. The news comes only a week after the companies’ announcement that they had attained clearance from…

Thales-Gemalto Merger Gets NZ Approval

Thales-Gemalto Merger Gets NZ Approval

Thales and Gemalto have attained another clearance for their proposed merger, this time from the New Zealand Commerce Commission. The approval comes hot on the heels of one from the European Commission announced earlier this week. As in that case, Thales and Gemalto noted in a statement that the clearance has arrived “following Thales’s commitment to…

Gemalto Merger Gets OK from EU After Thales Agrees to Divest HSM Business

Gemalto Merger Gets OK from EU After Thales Agrees to Divest HSM Business

Gemalto and Thales have cleared what was perhaps the highest hurdle in their pursuit of a merger, announcing in a new statement that the European Commission has granted them “merger control Regulatory Clearance”. Thales had first made its all-cash offer to acquire Gemalto in the spring of this year, but was compelled to push back…

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…

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