|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||28.34 - 28.34|
|52 Week Range||28.07 - 29.61|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||84.98|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has today affirmed Thales' A2 long term senior unsecured ratings and its P-1 short-term ratings. "Our decision to affirm Thales' A2 rating and change the outlook to stable from negative reflects our expectation that despite Thales' acquisition of Gemalto for an enterprise value of E5.6 billion, key credit metrics will not meaningfully deteriorate compared to previous expectations.
French aerospace and defense electronics group Thales said it had completed its previously announced 4.8 billion euros ($5.4 billion) takeover of chipmaker Gemalto, boosting Thales' presence in the booming security services market. Thales had to clear various regulatory hurdles before finally completing the deal, and the company reiterated that buying Gemalto would increase its overall revenues and lift its presence in Latin America, north America and Asia. "Together, we are creating a giant in digital identity and security with the capabilities to compete in the big leagues worldwide," said Thales Chairman and Chief Executive Patrice Caine in a statement on Tuesday.
The U.S. Justice Department said on Thursday it was requiring Thales SA to divest its general purpose hardware security module (GP HSM) business in order for Thales to proceed with its proposed acquisition of Gemalto NV. French defense electronics maker Thales and Netherlands-based chipmaker Gemalto are the world's leading providers of GP HSMs, which generate keys and encrypts data, and are significant direct competitors in the United States, the Justice Department said in a statement.
PARIS (Reuters) - French defence electronics group Thales forecast higher sales and profits for 2019 as it posted a rise in its full-year earnings. Thales' 2018 earnings before interest and tax (EBIT) ...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
CLEVELAND, Nov. 27, 2018 /PRNewswire/ -- Keyfactor, formerly Certified Security Solutions (CSS), and a leading provider of secure digital identity management solutions, today announced an expanded technology relationship with Gemalto. The agreement provides customers with the freedom to move enterprise PKI securely to the cloud and benefit from the world's most complete and scalable cloud-based certificate management platform. The combination of Keyfactor and Gemalto's SafeNet Luna Hardware Security Module (HSM) allows enterprises and creators of Internet of Things-enabled products to realize the benefits of a dedicated, highly customizable and secure PKI, with the flexibility, scalability and rapid deployment models of cloud delivery.
SANTA CLARA, Calif., Nov. 12, 2018 /PRNewswire/ -- Based on recent analysis of the global digital banking market and the identity verification and authentication solution market, Frost & Sullivan recognizes Gemalto with two 2018 Global Company of the Year Awards. The company safeguards a range of end users from identity theft and data breaches using technologies such as biometric software, government ID document readers, and identity and access management (IAM) solutions.
By Foo Yun Chee BRUSSELS (Reuters) - French aerospace and defence company Thales (TCFP.PA) is on track to secure conditional EU antitrust approval for its 4.8-billion-euro (4.1 billion pounds) bid for ...
PARIS/BRUSSELS (Reuters) - Thales (TCFP.PA) has offered concessions to address European Union antitrust concerns over the French aerospace and defence firm's 4.8-billion-euro ($5.6 billion) bid for chipmaker Gemalto (GTO.AS). In July, the European Commission began a full-scale investigation into the deal, which Thales hopes will make it a top player in digital security, saying that it could push up prices and reduce choices for customers. Thales, whose largest shareholder is the French state, said it had put concessions to the EU competition enforcer, after earlier disclosing talks with antitrust agencies.
LEHI, Utah and PARIS and WATERLOO, Ontario, Sept. 20, 2018 /PRNewswire/ -- DigiCert, Inc., the world's leading provider of scalable PKI solutions for identity and encryption, Gemalto, a global leader in digital security, and ISARA Corp., the leading provider of quantum-safe security solutions, today announced a partnership to develop advanced quantum-safe digital certificates and secure key management for connected devices commonly referred to as the Internet of Things (IoT). "DigiCert, Gemalto and ISARA are collaborating today to solve tomorrow's problem of defending connected devices and their networks against the new security threats that the implementation of quantum computers will unleash," says Deepika Chauhan, Executive VP of Emerging Markets at DigiCert.
The European Commission on Monday said it had opened an in-depth investigation into the 4.8-billion-euro ($5.62 billion) purchase of digital security company Gemalto by French aeronautics and space group Thales. "The Commission is concerned that the merger could lead to higher prices and reduce choice and innovation for customers of hardware security modules," the Commission, which acts as the competition enforcers in the European Union, said. Reuters reported last week that such an investigation would take place.
French aerospace and defence group Thales' 4.8-billion-euro ($5.6 billion) plan to acquire chipmaker Gemalto to become a top-three global player in digital security faces a full-scale EU probe, two people familiar with the matter said on Thursday. Thales, whose largest shareholder is the French state, outbid French peer Atos with a higher offer for the Franco-Dutch company in December. State-owned bank Bpifrance is Gemalto's second-biggest shareholder.
Stocks with market capitalization between $2B and $10B, such as Gemalto NV. (ENXTAM:GTO) with a size of €4.53B, do not attract as much attention from the investing community as doRead More...
EU antitrust regulators have set a July 23 deadline for their ruling on French aerospace and defence group Thales's (TCFP.PA) 4.8 billion euro (4.2 billion pounds) bid for Franco-Dutch chipmaker Gemalto ...
France's Thales (TCFP.PA) has its eye on bolt-on acquisitions after securing chipmaker Gemalto but feels no immediate pressure to match the scale of 'nose-to-tail' aircraft parts suppliers like United Technologies, its chief executive said. "Thales continues to examine opportunities for small and medium acquisitions. There are no other (acquisitions on the scale of) Gemalto in the pipeline," Patrice Caine told a meeting of aerospace journalists on Friday.