Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Gemalto may change Wavecom bid

Monday, December 1, 2008

Gemalto has informed the French Financial Markets Authority (AMF) of its intent to withdraw its offer for Wavecom or to adjust the terms of its offer. Wavecom is a provider of embedded wireless technology for machine-to-machine communication.

Wavecom views Gemalto’s bid as hostile and its board of director’s has recommended not selling its securities to Gemalto. The company has called for a shareholder’s meeting on Dec. 8 to discuss Gemalto’s offer.

If Wavecom makes any changes, such as increasing its share capital or paying an exceptional dividend, Gemalto could drop out of the deal, the company states. [end] 

Related Articles
Gemalto unveils health care IT solution

Gemalto announced the launch of ProtivaMedSecure, a solution package that addresses one of challenges facing health care providers: a secure digital identity.

Gemalto’s Protiva MedSecure provides a portfolio of authentication software, digital credentials, secure devices, servers and associated services. The Gemalto solution provides a single credential for secure visual identity, as well as physical and logical access to medical facilities and electronic medical records.

read more »
Gemalto providing eID services to Oman

Gemalto announced it has been appointed by Oman Information Technology Authority (ITA) as prime contractor to secure the country’s eGovernment services. The full solution encompasses strong authentication and digital signature using the eID card, as well as mobile authentication using a mobile handset.

read more »
UAE banks taps Gemalto for EMV

Union National Bank (UNB), one of the United Arab Emrite’s banks, partnered with Gemalto to introduce the Optelio payment cards for its EMV migration. The bank is converting its entire portfolio of debit and credit cards to Dynamic Data Authentication smart cards.

read more »
KDDI taps Gemalto for mass NFC deployment in Japan

Japanese teleco KDDI has selected Gemalto to help roll out NFC services to KDDI’s 34 million subscribers.

According to Gemalto, the company is providing KDDI with its Allynis Trusted Service Manager (TSM) software and UpTeq NFC high-end security device to aid in the deployment of multiple contactless services ranging from mobile payments, transit ticketing, e-driver’s licenses and smart posters.

read more »
UK agency taps Gemalto for citizen IDs

Gemalto announced that it has been awarded a multi-year contract from the UK’s Driver and Vehicle Licensing Agency to supply 40 to 80 million secure Sealys documents for a variety of official permits. These include digital tachograph cards, the next generation of polycarbonate driver’s licenses, and biometric residence permits, in a multi-year contract.

read more »
Saudi bank deploys Gemalto banking cards

Al Bilad Bank, a Shariah-based financial organization in Saudi Arabia, has deployed Gemalto’s Dexxis Instant Issuance solution for EMV payment cards in more than 120 bank branches. With this system, Al Bilad can issue up to 2,000 EMV DDA high-end security smart cards a day.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.