Product category: PC-Compatible Boards and Assemblies
News Release from: Sagem
Edited by the Electronicstalk Editorial Team on 6 December 2002
Sagem buys into Gemplus
Sagem has purchased a 10% stake in Gemplus
The purchase will strengthen the existing industrial partnerships between Sagem, world leader in fingerprint identification and Gemplus, the world's leading provider of smart card solutions. The transaction has been made with a price close to the current listing on the Paris Stock Exchange and a limited price complement (from 0 to 15% of the price increase of the stocks currently hold by Sagem) on the assumption that Gemplus' median stock price would exceed Eur 2 before 31st December 2004.
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