Near Field Communications Handsets and Tags, NFC Pilots and Projects

G&D acquires SmartTrust

Wednesday, April 22, 2009

Giesecke & Devrient (G&D) is acquiring SmartTrust AB, a provider of server solutions for managing applications on SIM cards and mobile phones. Details of the transaction have not been disclosed.

With cell phones and mobile devices offering more services there is a need to manage the applications over the network. The acquisition will enable G&D and SmartTrust to provide this services.

SmartTrust has 178 employees around the world and generated € 31.3 million in revenues last year. SmartTrust is headquartered in Stockholm and maintains eight branch offices around the world. More than 200 cellular network operators worldwide use SmartTrust technology. G&D will acquire all the ownership shares of SmartTrust from its present owners including the Carlyle Group, Eqvitec Technology Fund, TeliaSonera and GE. [end] 

Related Articles
STARCHIP acquires contactless technology through partnership with CEA-Leti

StarChip and CEA-Leti have inked a partnership agreement to develop a contactless front end for smart card applications.

The partnership includes technology and know-how transfer to StarChip. With this combined experience in secure integrated circuit development and contactless technology, StarChip will roll out state-of-the-art smart card products to enable applications in transport, banking and identity.

read more »
VeriTeQ acquires VeriChip implantable microchip, focuses on patient and animal ID

VeriTeQ announced it has acquired the VeriChip implantable microchip and related technologies and Health Link Web-based personal health record (PHR) from Positive ID. VeriChip is the FDA-cleared RFID implantable microchip for humans and patient identification.

read more »
AuthenTec acquires Proxure

AuthenTec announced the acquisition of all the assets of Proxure, which includes intellectual property and software products relating to their syncing and cloud-based storage services.

read more »
Giesecke & Devrient launches Over-the-Air SIM management platform for LTE networks

Giesecke & Devrient announced that its Over-the-Air (OTA) SmartTrust DP platform now offers advanced SIM and mobile device management for handsets on LTE networks.

According to G&D, the expanded SmartTrust platform now provides mobile operators with a common, single platform for managing subscriber equipment regardless of network technology.

read more »
SmartMetric acquires manufacturing plant in Argentina

SmartMetric announced it has leased a manufacturing plant in Buenos Aires, Argentina where it plans to manufacture fingerprint activated smart cards. These cards are being developed with industries such as banking, medical insurance and government or other high-security identification industries in mind.

read more »
ThreatMetrix acquires Australian malware protector

California-based cybercrime prevention solution provider ThreatMetrix has acquired Australian-based TrustDefender, a provider of secure browsing technology designed to stop man-in-the-browser attacks and provide malware protection.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.