Gemalto (smart card vendor) is picking up Safenet the HSM vendor.

Mike


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Gemalto to acquire SafeNet, the worldwide leader in data and software protection



SafeNet will significantly reinforce Gemalto's Identity and Access Management business. It will become part of Gemalto's Payment & Identity segment, and its Platforms & Services activity, that account respectively for €1,329 million and €715 million of the 2013 pro forma revenue.
Press Release