Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Thales Completes Sale of GP HSM Business to Entrust Datacard - Ink World Magazine

What are you searching for?

Sign in
Flexible Electronics News

Thales Completes Sale of GP HSM Business to Entrust Datacard

This transaction follows the commitments made by Thales to several competition authorities to divest this business to finalize the acquisition of Gemalto.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Thales announced the closing of the sale of its General Purpose Hardware Security Module (GP HSM) business to Entrust Datacard, a leading provider of trusted identity and secure issuance technology solutions.
 
This transaction follows the commitments made by Thales to several competition authorities to divest this business to a suitable purchaser in order to ensure a strongly competitive market for GP HSM solutions, which have allowed Thales to finalize the acquisition of Gemalto.
 
This transaction will enable nCipher Security — with more than €100 million in revenues in 2018 and more than 300 employees — to continue to deliver innovative solutions and services and strengthen its market leadership as an Entrust Datacard business.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters