Bloomberg – 8/8/14: Gemalto NV (GTO), a developer of software and chips that make transactions more secure, agreed to buy data-protection company SafeNet Inc. for $890 million in cash to bolster its offerings against threats such as hacking. The acquisition, from private-equity firm Vector Capital, will be funded with existing cash reserves and debt, Amsterdam-based Gemalto said today in a statement. The company expects to complete the deal in the fourth quarter.
Click here to read more: http://www.bloomberg.com/news/2014-08-08/gemalto-to-buy-safenet-for-890-million.html

Subscribe to the comments for this post?

Share this on Facebook

Share this on LinkedIn

Email this to a friend?

Share this on del.icio.us

Add this to Google Reader

Share this on Technorati

Seed this on Newsvine

Share this on Blinklist

Share this on FriendFeed

Add this to Google Bookmarks

Post on Google Buzz

Post this to MySpace

Share this on Plaxo

Submit this story to Propeller

Add to a lense on Squidoo

Stumble upon something good? Share it on StumbleUpon

Share this on Tumblr

Buzz up!