Smart blog

Stock volatility hampers M&As

Gemalto acquisition of Wavecom is more controversial than anticipated. Wavecom and Gemalto held negotiations earlier this year for a potential acquisition, and concluded they could not reach an agreement on conditions. Then, on October 6, Gemalto launched its hostile takeover bid on Wavecom (cf. Smart Insights #08-41), to the surprise of Wavecom management.

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Clustering our industry

A new initiative has been announced with the objective to structure and support our industry: the Berlin and Brandeburg Land governments, along with research labs, and industrialists have launched a cluster centered around secure identity. The "Fraunhofer-Innovationsclusters Sichere Identität" (Fraunhofer Secure Identity Berlin-Brandenburg innovation cluster) aims at developing technologies for securing the identity of persons, objects and intellectual property in the real and virtual world. This announcement is in line with the set up of other clusters in Europe aiming at a better cooperation between public and private means, and a better structuring of our industry. The starting budget of the cluster has been set at EUR 10 million, to be spent on various projects over a three year period.

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Change in the US beneficial for us

A large part of the world praised the change brought by the election of Barack Obama as president of the United States, and the renewal of the US Congress. This election could have some impacts on our industry.

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Opportunities behind the crisis

The "Smart Security Industry", as Eurosmart calls it, is currently having one of its major events of the year, with Cartes conference and exhibition in Paris.

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