Thales completes acquisition of Gemalto

Thales completes acquisition of Gemalto

April 16, 2019
Corporate
Thales Acquired Gemalto to become Global Leader in Digital Identity and Security. 
On 17 December 2017, two of the most strategic and more than 15 years partners of Mellon, Thales and Gemalto announced that they intended to proceed with a merger to create a global leader in the fast growing digital security market. Now French technology giant the Thales Group has completed its acquisition of Netherlands-based digital security firm Gemalto for €4.8bn.
The merger creates an 80,000-strong organisation in 68 countries that is focused on cyber security and digital identity, with projected revenues of €19bn and self-funded research and development (R&D) of €1bn a year. 
 
Mellon is now representing a global digital security leader
For Mellon’s valued customers this will provide a “seamless response” to including critical infrastructure providers such as banks, telecom operators, government agencies, utilities and other industries as they tackle the challenges of identifying people and objects and keeping data secure. Incorporating the talent and technologies of Gemalto and Thales, Mellon offers a wide range of solutions to address the major challenges faced by its societies, such as IoT data and network cybersecurity, AI, biometry, financial transaction security, Identity Proofing and Management and many more. 
With Thales Group’s €1 billion/year devoted to self-funded R&D, Mellon will continue to offer innovations in our key markets, drawing in particular on its world-class digital expertise in the Internet of Things, Big Data, artificial intelligence and cybersecurity. 
 
 
Please contact your Mellon representative for more information and stay tuned for new announcements, new product releases and cross-technology synergies.

 

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