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.
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