|
| Thursday, 13 November 2014, 14:00 HKT/SGT | |
| |  | |
Source: Gemalto NV | |
|
|
|
AUSTIN, TX, Nov 13, 2014 - (ACN Newswire) - Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security, today announces that it has acquired all of the outstanding shares of Marquis ID Systems (MIDS), a primary provider of fully integrated solutions and services for Drivers License and Identification in the United States.
With nearly 14 years servicing and supporting e-ID systems according to AAMVA (American Association of Motor Vehicle Administrators) standards, MIDS specializes in secure personalized enrollment and issuance systems to meet the requirements of each state. The combination of Gemalto and MIDS promises to bring to its customers the most innovative identity solutions and the ability to implement large scale card programs with the highest levels of service.
Gemalto, already present in over 80 government programs worldwide, provides federal, state and provincial agencies with electronic passports, driver licenses, healthcare and ID cards, and border management systems. It operates over 31 central issuance facilities around the world, all of which consistently achieve the most stringent security certifications year after year.
"The acquisition by Gemalto ensures the continuation of our business practices that have led to MIDS becoming a leader and the fastest growing company in the U.S. driver's license market. Both companies share a common vision of quality, customer service, and cutting edge technologies to enable state and provincial governments in North America to best serve their citizens" said Steve Steigmeyer, CEO, MIDS.
"The combination of Gemalto and MIDS is especially complimentary as more and more States look to upgrade the security of their Driver license and ID programs, as well as introducing newer technologies like Mobile Driving License" said Paul Beverly, Executive Vice President, Gemalto. "All the MIDS leadership and team members will be joining Gemalto, and we look forward to providing together truly superior offers to our customers".
Terms of the transaction were not disclosed.
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security with 2013 annual revenues of EUR 2.4 billion and more than 12,000 employees operating out of 85 offices and 25 research and software development centers, located in 44 countries.
We are at the heart of the rapidly evolving digital society. Billions of people worldwide increasingly want the freedom to communicate, travel, shop, bank, entertain and work - anytime, everywhere - in ways that are enjoyable and safe. Gemalto delivers on their expanding needs for personal mobile services, payment security, authenticated cloud access, identity and privacy protection, eHealthcare and eGovernment efficiency, convenient ticketing and dependable machine-to-machine (M2M) applications. We develop secure embedded software and secure products which we design and personalize. Our platforms and services manage these products, the confidential data they contain and the trusted end-user services made possible.
Our innovations enable our clients to offer trusted and convenient digital services to billions of individuals. Gemalto thrives with the growing number of people using its solutions to interact with the digital and wireless world.
For more information visit www.gemalto.com, www.justaskgemalto.com, blog.gemalto.com, or follow @gemalto on Twitter.
Investor Relations:
Gabriel Rangoni
M.: +33 6 1426 6956
gabriel.rangoni@gemalto.com
John Lineberger
M.:+33 6 1243 6304
john.lineberger@gemalto.com
Corporate Communication:
Isabelle Marand
M.: +33 6 1489 1817
isabelle.marand@gemalto.com
Topic: Merger & Acquisition
Source: Gemalto NV
Sectors: Daily Finance, Cloud & Enterprise
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
