Saturday, 22 September 2018

Gemalto knocks back €4.3 billion takeover bid from Atos

By Chris Kelly, Total Telecom
Friday 15 December 17

Gemalto said that its board of directors had unanimously voted to reject the proposal

Digital security firm Gemalto has rejected a €4.3 billion takeover bid from French IT vendor Atos, on the basis that it undervalues the company. Gemalto employs 15,000 people in 48 countries. Last year it recorded revenues of €3.1 billion.  "Gemalto rejects unsolicited and conditional proposal by Atos…

Digital security firm Gemalto has rejected a €4.3 billion takeover bid from French IT vendor Atos, on the basis that it undervalues the company. Gemalto employs 15,000 people in 48 countries. Last year it recorded revenues of €3.1 billion.  "Gemalto rejects unsolicited and conditional proposal by Atos…

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