Gemalto has completed its buy of SafeNet from Vector Capital. The price of the sale was $910 million. Headquartered in Belcamp, Maryland, SafeNet is a digital information security firm.
Amsterdam, January 8, 2015 – Gemalto (Euronext NL0000400653 – GTO), the world leader in digital security, today announces the final closing of the acquisition of SafeNet, the worldwide leader in data and software protection, after approval by the relevant regulatory and antitrust authorities.
SafeNet will be integrated with Gemalto Payment & Identity segment and its contribution mainly consists of Platforms & Services activities.
“The acquisition of SafeNet enables us to further accelerate the deployment of strong security solutions in the Enterprise and Cloud security sectors. It makes our joint portfolio of technologies and sales reach unrivaled in the digital security market”, said Olivier Piou, Gemalto CEO. “I warmly welcome the new teams joining Gemalto and we look forward to working closely together.”
Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security with 2013 annual revenues of €2.4 billion and more than 12,000 employees operating out of 85 offices and 25 research and software development centers, located in 44 countries.
We are at the heart of the rapidly evolving digital society. Billions of people worldwide increasingly want the freedom to communicate, travel, shop, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe.
Gemalto delivers on their expanding needs for personal mobile services, payment security, authenticated cloud access, identity and privacy protection, eHealthcare and eGovernment efficiency, convenient ticketing and dependable machine-to-machine (M2M) applications. We develop secure embedded software and secure products which we design and personalize. Our platforms and services manage these products, the confidential data they contain and the trusted end-user services made possible.
Our innovations enable our clients to offer trusted and convenient digital services to billions of individuals. Gemalto thrives with the growing number of people using its solutions to interact with the digital and wireless world.
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