December 14, 2017 12:24 AM ET

Software

Company Overview of Gemalto AB

Company Overview

Gemalto AB develops software applications for digital security. The company is based in Stockholm, Sweden. Gemalto AB operates as a subsidiary of Gemalto NV.

Gotalandsvagen 230

Stockholm,  125 44

Sweden

Phone:

46 7 02 00 02 94

Key Executives for Gemalto AB

Gemalto AB does not have any Key Executives recorded.

Gemalto 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.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
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