Gemalto rejects Atos offer

14/12/17

Gemalto has announced that it has rejected the unsolicited and conditional bid by Atos for all shares in the company, as announced by Atos earlier this month.

In a statement, Gemalto says: “Gemalto is best positioned to grow successfully on a standalone basis and create long term value for its stakeholders, including its shareholders.

The company says that after consultation with its financial and legal advisors, its board of directors has come to the conclusion that the proposal is not in the interests of the company.

Philippe Vallée, Gemalto CEO says: “In 11 years, we have turned Gemalto into a technology blue-chip, recognised in more than 180 countries throughout the world. In 11 years, the company has created 5,000 jobs. In 11 years, Gemalto has become the world leader in digital security.

“We have taken the measure of the recent changes in our historical markets, taken the responsible decisions and are now focused on leveraging the many opportunities of our fast-growing markets.

“We will soon be presenting to our stakeholders our ambitious and substantial development plan for the company that will focus on the next generation of digital security for companies, governments and citizens worldwide.

“Gemalto’s employees, its board of directors, its management team and I are fully aligned and committed to achieving the success of this plan that will benefit our stakeholders, including all our shareholders.”

 

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Gemalto rejects Atos offer
Gemalto rejects Atos offer

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