After 15 months, Thales has finally completed the acquisition of Gemalto for € 4.8 billion, creating a new Group that is ready to be a global leader in digital identity and security.
By combining the expertise of the two companies, the larger Thales now has an unparalleled portfolio of digital identity and security solutions based on technologies such as biometrics, data protection and cyber security.
Research and development form the core of the new Group with 3,000 researchers and 28,000 engineers committed to R&D. In addition, the R&D efforts financed by the Group itself will have an annual budget of € 1 billion for innovation in important markets such as IoT, Big Data, AI and cyber security.
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Thales has been busy inventing the world of tomorrow and his portfolio of 20,500 patents, 400 were registered in 2018 alone.
Create a giant
Now that the acquisition has been completed, Gemalto will be one of Thales & apos; seven global divisions that will be named Digital Identity and Security (DIS).
The company will interact with all the Group's civilian and defense customers and will significantly strengthen its industrial presence in 68 countries.
Chairman and CEO of Thales, Patrice Caine explained why the Gemalto acquisition is a turning point for the company, saying:
"With Gemalto, a world leader in digital identification and data protection, Thales has acquired a range of highly complementary technologies and competencies with applications in all of our five vertical markets, which are now being redefined as space travel; space; ground transportation; digital identity and security and defense and security – these are smart technologies that help people make the best choices at every critical moment – the acquisition marks a turning point for the Group's 80,000 employees – creating a massive digital identity and security with the ability to compete in major competitions worldwide. "
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