Gemalto and XIRING complete the acquisition by Gemalto of XIRING’s banking activity Amsterdam, the Netherlands, and Suresnes, France, December 16, 2009 - Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security and XIRING, a security solutions provider for remote transactions, today announced that they have completed their exclusive negotiations and signed a binding contract related to the acquisition by Gemalto of the XIRING banking activity for 20 million euros.
Gemalto in exclusive talks with XIRING to acquire XIRING’s banking activity Amsterdam, the Netherlands and Suresnes, France: Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security and XIRING, a leader in smart card based strong authentication solutions for e-banking and e-commerce, today announced that they have entered into exclusive negotiations with the objective to complete the acquisition by Gemalto of the XIRING banking activity.
XIRING enables SNCF's Paris customers to top up travel card from home Suresnes (France): XIRING, a security solutions provider for remote transactions, has been selected by Transilien SNCF, the railway service for inhabitants of the Paris Ile-de-France region, to supply "Teo by XIRING" smartcard readers for remote top up of travel cards. Customers with a weekly or monthly Navigo travel pass will be able to top up their cards at home using their PC. Thanks to this new system, commuters will no longer have to wait in long queues at ticket desks or automatic ticket machines at the beginning of each month to top up their pass.
H1-2009: Operating income up 18.8% // Annual objective for operating income increased Suresnes (France): XIRING, a security solutions provider for remote transactions, today announces a turnover of 11.8 million euros and an operating income of 1.96 million euros (16.6% of the turnover) for the first half of the 2009 financial year, up 18.8%.
Suresnes (France): XIRING, a security solutions provider for remote transactions, today announced a turnover for the second quarter of 2009 of EUR7.8 million, representing 4.5% growth. The turnover of the first half of the year thus totalled EUR11.8 million as of 30 June 2009, compared with EUR12.9 million for the same period in 2008 (-8.5%). This turnover is in line with the company's roadmap.
Eric Woerth, French Minister of Budget, presents the National Ambition Award 2009 in the growth category to XIRING Suresnes (France): Following its win of the Ambition Award for the Ile de France (Paris) region, XIRING, a European security solutions provider for remote transactions, has also won the corresponding national 2009 Ambition Award, beating competition from all regional winners. XIRING was presented with the award during a ceremony organised by Banque Palatine and La Tribune, the national daily newspaper, on Wednesday, 24th June 2009.
