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Thales and Gemalto create a world leader in digital security

€51 offer price, representing a premium of 57% over the closing price as of 8 December 2017 All-cash offer unanimously recommended by Gemalto’s Board of Directors and unanimously approved by Thales’s Board of Directors Creation of a global market leader in the fast-growing digital security market, supporting the most demanding clients in their digital transformation […]

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Pakistani Legislation Would Control Moon Sighting Declarations

Saying you have spotted the first sliver of the moon could lead to a year in jail and a fine of about $2,000, according to proposed legislation in Pakistan.Moon sighting is a sensitive subject in Pakistan, which has a special body, comprising religious...

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Gemalto research reveals hardware technology companies see 11% increase in earnings following shift to software-based revenue models

Nearly all (94%) device makers have invested in software development in the past five years Nine in 10 (88%) believe the Internet of Things (IoT) is driving growth within the manufacturing industry 84% have changed – or have already changed – their business model to put software at its core in delivering services and generating […]

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Gemalto rejects unsolicited and conditional proposal by Atos

Gemalto, the world leader in digital security,   is best positioned to grow successfully on a standalone basis and create long term value for its stakeholders, including its shareholders The Atos proposal does not form the basis for constructive engagement as it: fails to provide a compelling strategy versus Gemalto’s standalone prospects; significantly undervalues the Company; […]

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Turkish president slams US’ Jerusalem move at Istanbul summit

Istanbul (OIC-UNA) � Turkish President Recep Tayyip Erdogan has called on countries who follow international law to recognize Jerusalem as the "occupied capital" of Palestine.

Turkish President Erdogan was speaking during the opening session of the Organization of the Islamic Cooperation (OIC) extraordinary summit at the Lutfi Kirdar International Convention and Exhibition Center in Istanbul, Turkey.

As the rotating president of the OIC, Erdogan said U.S. President Donald Trump's decision on Jerusalem was a threat to all humanity, including America, Anadolu Agency (AA) reported.

Branding Israel an "occupying" and terrorist state, Erdogan said the country had been "almost rewarded" by Trump for its "terrorist actions."

Erdogan praised countries which have refused to recognize the U.S. move on Jerusalem, saying: "Only Israel, which occupies Jerusalem, supported the U.S.' unlawful decision. We thank all the countries who did not accept this illegitimate decision."

The Turkish president called on the U.S. to withdraw their "wrong, provocative and unlawful" decision. Last week, Trump announced his decision despite widespread opposition across the Middle East to formally recognize Jerusalem as Israel's capital.

The announcement sparked strong condemnation from around the world, including Turkey, the EU, and the UN.

Jerusalem remains at the core of the Israel-Palestine conflict, with Palestinians hoping that East Jerusalem now occupied by Israel might eventually serve as the capital of a future Palestinian state.

During his election campaign last year, Trump repeatedly promised to relocate the U.S. Embassy in Israel from Tel Aviv to Jerusalem.

Source: International Islamic News Agency

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Gemalto in the process of reviewing the unsolicited and conditional proposal by Atos

Amsterdam, December 12, 2017 at 07:00 AM – The board of Gemalto N.V. (the Company) has noted the announcement last evening of the unsolicited and conditional proposal by Atos SE (Atos) to make a cash offer for all issued and outstanding shares of the Company at an offer price of EUR 46 (cum dividend in […]

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