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 December 2017 but required regulatory approvals in nearly two dozen countries. With the acquisition, Thales is creating a new global business unit around digital security that has about $4 billion in sales.
Gemalto has a wide range of digital security and services capabilities around biometrics, travel documents, data encryption, identity and access management, the Internet of Things, cloud security, digital payments and more.