Thales Completes Gemalto Acquisition, India Workforce Increased To 1150

French aerospace and security major Thales has completed the acquisition of digital security expert Gemalto, the company announced today. Completed in 15 months, the acquisition of Gemalto by Thales for €4.8 billion creates a Group on a new scale and a global leader in digital identity and security.

Post the acquisition, the employing strength of Thales as a group increased to 80,000 and its India unit has also strengthened its workforce to 1150 from existing 400.

“Incorporating the talent and technologies of Gemalto, Thales will develop secure solutions to address the major challenges faced by our societies, such as unmanned air traffic management, data and network cybersecurity, airport security or financial transaction security,” the company said in a statement today.

This combination creates a world-class leader with an unrivalled portfolio of digital identity and security solutions based on technologies such as biometry, data protection, and, more broadly, cybersecurity.

“Thales will thus provide a seamless response to customers, including critical infrastructure providers such as banks, telecom operators, government agencies, utilities and other industries as they step up to the challenges of identifying people and objects and keeping data secure,” it added.

Following this acquisition, Gemalto will be named as Digital identity and Security or DIS and form one of Thales’s seven global divisions. Gemalto will interact with all of the Group’s civil and defence customers and will significantly strengthen its industrial presence in 68 countries.

The French firm said it will considerably expand its operations in Latin America (2,500 employees, up from 600), triple its presence in Northern Asia (1,980, from 700), Southeast Asia (2,500, from 800) and India (1,150, from 400) and North America (6,660 employees, up from 4,600).

“With Gemalto, a global leader in digital identification and data protection, Thales has acquired a set of highly complementary technologies and competencies with applications in all of our five vertical markets, which are now redefined as aerospace; space; ground transportation; digital identity and security; and defence and security. These are the smart technologies that help people make the best choices at every decisive moment. The acquisition is a turning point for the Group’s 80,000 employees. Together, we are creating a giant in digital identity and security with the capabilities to compete in the big leagues worldwide.” Patrice Caine, Chairman and CEO, Thales.

The new Thales will cover the entire critical decision chain in an increasingly interconnected and vulnerable world, with capabilities spanning software development, data processing, real-time decision support, connectivity and end-to-end network management.

The company claimed it spends an average of €1 billion a year in R&D and will continue to focus on areas including Banking- Big Data analytics; Defence: biometrics; Aerospace: unmanned traffic management; Ground transportation: Internet of Things; Space: Internet of Things and Telecommunications: Big Data analytics.

Also Read

Leave a Reply

 
%d bloggers like this: