Cyber Security Problems are Global, Says Gemalto CEO Piou
Gemalto rises as much as 5.4%, following first semester results yesterday. Olivier Piou, Chief Executive Officer, and Philippe Vallée, Chief Operating Officer, commented in a statement:"Gemalto progressed well in the first semester. The Payment & Identity segment saw another significant +14% growth, with all its businesses growing at double-digit rates, fully offsetting lower sales in Mobile segment. The Platforms and Services activity also posted a strong performance, with revenue up by +20% year-on-year, and on its way to reaching one year ahead of schedule the 1 billion euro yearly Platforms and Services revenue challenge we had set for ourselves in 2013. Piou discusses business with Bloomberg's Anna Edwards on "Countdown."