Oberthur Technologies to acquire NagraID Security

Tuesday 19 August 2014 00:25 CET | News

Oberthur Technologies (OT), a global provider of digital security solutions for the mobility space, has signed an agreement to acquire NagraID Security, a provider of cards for the security industry.

OT will acquire a 100% equity stake of NagraID Security SA from Kudelski Group, a global provider of digital security and convergent media solutions for the delivery of digital and interactive content.

Financial terms of the transaction were not disclosed.

Present in the payment, telecommunications and identity markets, Oberthur Technologies provides end-to-end solutions in the smart transactions, mobile financial services, machine-to-machine, digital identity and transport and access control fields. With approximately 50 sales offices across 5 continents and 10 facilities, OT’s international network serves clients in 140 countries.

NagraID Security SA, a subsidiary of the Kudelski Group produces multi-component and other complex cards for the security and identification industry.

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Keywords: Oberthur Technologies, NagraID Security, Kudelski Group, online security, web fraud
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

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