March 30, 2017 7:28 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of Oberthur Technologies AB

Company Overview

Oberthur Technologies AB manufactures, prints, and distributes smart cards. The company offers plastic cards and SIM cards for mobile telephony; credit and debit cards; digital business cards; charge and loyalty cards; and provides stationery solutions for printing on plastic. The company's solutions include concept, design, and printing of various types of chip, magnetic stripe, and hologram, and the design and printing of enclosures, store materials, and packaging. The company offers products and services to various markets, including telecommunications; banking and finance; graphic solutions; public and transport; and supermarkets and merchants. The company was founded in 1968 and is head...

Markörvägen 2-4

Strängnäs,  645 42

Sweden

Founded in 1968

Phone:

46 15 22 66 00

Fax:

46 86 40 71 56

Key Executives for Oberthur Technologies AB

Oberthur Technologies AB does not have any Key Executives recorded.

Oberthur Technologies AB Key Developments

Safran To Decide On Sale Of Security Unit

Safran SA (ENXTPA:SAF) could make a decision on the potential sale of its Morpho biometrics and security business for more than €2 billion by the end of September 2016, a person close to the process said on September 14, 2016. Safran expects to receive offers from five shortlisted bidders by September 15, 2016. Chief Executive Officer Philippe Petitcolin said in June 2016 that a buyer could be identified by the end of the year, but the company is preparing for a quick decision, the source said. "Everything is happening so that it can be done by the end of this month," the person said, asking not to be identified. The shortlist of bidders is believed to include Oberthur Technologies AB and Gemalto AB as well as three funds: Bain Capital Private Equity, LP, CVC Capital Partners Asia and KKR Income Opportunities Fund (NYSE:KIO). In an earlier round, all five made indicative offers over €2 billion, a person familiar with the sale said in June 2016.

Oberthur Technologies Bids For Morpho

Advent has made a bid for Safran SA's biometric identification unit Morpho with the aim to merge it Oberthur Technologies AB. Oberthur Technologies in November delayed plans for a stock market listing.

Oberthur Technologies's Pearl by OT® ESE Extends Use by Samsung on its Galaxy A5, A7 and A9 Smartphones

Oberthur Technologies announced that they equip the latest Samsung Galaxy A5, A7 and A9 with the company's embedded Secure Element (eSE), PEARL by OT®. With PEARL by OT®, the company has developed and industrialized the most advanced multi-application eSE, offering the high level of security and the larger memory on the market. PEARL by OT® has been designed to facilitate the deployment of numerous mobile contactless payment, transit, governmental and other services while enhancing their security level. PEARL by OT® will enable Financial Institutions and other service providers to offer secure and convenient mobile contactless payment means and various other NFC services to Galaxy A5, A7 and A9 owners.

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Recent Private Companies Transactions

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