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Business/Financial

Thales Completes $5 Billion Acquisition Of Gemalto

By Cal Biesecker

Tuesday, April 2nd, 2019

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Thales Completes $5 Billion Acquisition Of Gemalto

Gemalto brings a wide range of identity management and related software capabilities to Thales. Image: Thales

France’s Thales Group on Monday said it has completed its $5.4 billion acquisition of Netherlands-based Gemalto, a deal which accelerates its strategy around digital technologies and data security and expands its footprint in the U.S. Thales said the acquisition positions it along the entire digital decision chain, from data generated by sensors to real-time decision support. Gemalto adds about 2,000 employees in the U.S., bumping Thales to more than 5,000 employees in 22 states. The deal was first announced in…

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