Advent International, the global private equity firm and the Francois-Charles Oberthur Fiduciaire Group, today announced the completion of the acquisition of the Card Systems and Identity divisions of Oberthur, following workers' council consultation and the approval of the transaction by relevant market authorities.
Yesterday, Oberthur Technologies' Board of Directors, named Xavier Drilhon, Chief Executive Officer of the company, as of December 1st, 2011.
Oberthur Technologies, the world's second largest provider of security and identification solutions and services based on smart card technologies and AuthenTec (NASDAQ: AUTH), a leading provider of security and identity management solutions, have joined forces to create SIM / Universal Integrated Circuit Card (UICC) based designs that make NFC mobile payment via Smartphones faster and more secure.
Oberthur Technologies, the world's second largest provider of security and identification solutions and services based on smart card technologies, is proud to announce the development of PUF technology in smart cards, in collaboration with Intrinsic-ID.
Oberthur Technologies, the world's second largest provider of security and identification solutions and services based on smart card technologies, announced today that the company has partnered with Visa Europe and Valitor to launch Iceland's first mobile contactless payment project.
De La Rue is bracing for confirmation from the Reserve Bank of India that it is to move to a new consortium of printers after the UK banknote maker's contract was suspended last year due to printing irregularities
Advent International has entered into exclusive negotiations on a €1.15bn deal to buy the card systems and identity divisions of Oberthur Technologies.
Czech Republic capital Prague is the latest city to host a mobile contactless payments pilot, with Komerční banka and Citi customers offered the chance to use their handsets for purchases.
US Bank is launching a wristband that lets users make contactless payments and store emergency contact and medical information.
Visa Europe has developed a new card feature for blind and partially sighted people to identify their Visa debit, credit and prepaid cards more easily.
© Finextra Research 2014