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April 3, 2019
Thales has finalized its $5.4 billion (4.8 million euros) acquisition of Gemalto, creating a global enterprise in digital identity and security, according to a company release.
The addition of Gemalto to its portfolio will allow Thales to span the complete critical decision chain in a digital world, from data generation via sensors to real-time decision support, the company said.
Thales will incorporate the talent and technologies of Gemalto to develop secure solutions to challenges such as unmanned air traffic management, data and network cybersecurity, airport security and financial transaction security.
In a statement, Thales chairman and CEO Patrice Caine highlighted the advantages of the business combination:
With Gemalto, a global leader in digital identification and data
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