mergers and acquisitions

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…

Crossmatch Has Been Acquired by HID Global

Crossmatch Has Been Acquired by HID Global

“Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfill the promise of biometrics in critical identity applications.” –Stefan Widing, President and CEO, HID Global ASSA ABLOY, the parent company of HID Global, has acquired secure identity solutions provider Crossmatch. In announcing the acquisition, the…

LumenVox and VoiceTrust Merge to Form New Biometric Authentication Company

LumenVox and VoiceTrust Merge to Form New Biometric Authentication Company

San Diego-based speech recognition firm LumenVox and Munich-based voice recognition specialist VoiceTrust have merged to form a new company focused on offering speech-driven biometric authentication solutions. The new company, which has not yet been named, is majority owned by Ramphastos Investments, a venture capital firm based in the Netherlands. In a statement, LumenVox and VoiceTrust…

Thales, Gemalto Clear Another Hurdle in Merger Bid

Thales, Gemalto Clear Another Hurdle in Merger Bid

Thales and Gemalto have cleared another major hurdle as they race toward their desired merger: Thales’ acquisition of Gemalto has now been cleared by the Committee on Foreign Investment in the United States. The news comes soon after Thales’ and Gemalto’s announcement that they had received approval for the merger from investment regulators in Canada.…

Thales, Gemalto Make Progress On Regulatory Front Ahead of Merger

Thales, Gemalto Make Progress On Regulatory Front Ahead of Merger

Thales and Gemalto are reporting progress in their efforts to secure regulatory approval for their proposed merger. The companies have announced that they have attained investment regulatory approval in Canada. The news comes about a week after Thales’ announcement that it had extended the deadline for its acquisition offer of Gemalto. While the offer had…

Thales Extends Gemalto Acquisition Deadline Amid Antitrust Investigation

Thales Extends Gemalto Acquisition Deadline Amid Antitrust Investigation

“Essentially, according to the new arrangement, the acceptance period will close two weeks after the deal attains all necessary regulatory approvals, and no later than March 31st, 2019.” Thales has dramatically extended the deadline for its acquisition offer for Gemalto. The move comes soon after the European Commission’s announcement last month that it would open…

Synaptics, Dialog End Acquisition Talks

Synaptics, Dialog End Acquisition Talks

Synaptics and Dialog Semiconductor have ended their brief courtship, with the companies announcing that they have broken off talks about the latter’s potential acquisition of the former. In announcing the end of the negotiations, Dialog Semiconductor did not offer a reason; but a “source familiar with the matter” tells Reuters that Synaptics “balked at the…

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