Hardware Security Modules

European Commission Grants Merger Control Regulatory Clearance to Thales and Gemalto

European Commission Grants Merger Control Regulatory Clearance to Thales and Gemalto

Gemalto and Thales have cleared what was perhaps the highest hurdle in their pursuit of a merger, announcing in a new statement that the European Commission has granted them “merger control Regulatory Clearance”. Thales had first made its all-cash offer to acquire Gemalto in the spring of this year, but was compelled to push back…

South Africa’s Competition Commission Grants Clearance For Thales and Gemalto Merger

South Africa’s Competition Commission Grants Clearance For Thales and Gemalto Merger

Just a week after pushing back the anticipated close of their merger deal, Thales and Gemalto have announced that they’ve obtained another regulatory clearance needed for the project. The latest is from South Africa’s Competition Commission, the seventh of 15 approvals needed from regulatory authorities around the world in order for Thales to proceed with…

Thales and Gemalto Expect Merger Deal to Close in Q1 2019

Thales and Gemalto Expect Merger Deal to Close in Q1 2019

The leadership at Gemalto and Thales are adjusting their expectations with respect to their proposed merger, announcing that they now expect the deal to close in the first quarter of 2019. The announcement comes after the news that the US Committee on Foreign Investment had given the merger its thumbs-up last month, marking the 6th…

Thales’ Gemalto Acquisition Cleared by Committee on Foreign Investment in the United States.

Thales’ Gemalto Acquisition Cleared by Committee on Foreign Investment in the United States.

“They have also received antitrust clearances from China, Israel, and Turkey; all told, they have received six of the 14 regulatory clearances needed from authorities around the world in order for the merger to happen.” Thales and Gemalto have cleared another major hurdle as they race toward their desired merger: Thales’ acquisition of Gemalto has…