• Thales S.A


  • Gemalto N.V


French company Thales proposed to acquire Dutch company Gemalto. In Australia, both companies supplied data security products, including enterprise encryption software and hardware security modules.

Market definition

Please refer to the Public Competition Assessment.

Competition analysis

Please refer to the Public Competition Assessment.

Public competition assessment

Document title Date
Public Competition Assessment


Date Event

ACCC commenced review under the Merger Process Guidelines.

Closing date for submissions from interested parties.

Former provisional decision date of 6 December 2018 delayed while ACCC is awaiting information from parties. ACCC will announce a proposed decision date in due course.

ACCC received information from the parties.

ACCC announced it would not oppose the proposed acquisition, subject to a section 87B undertaking accepted by the ACCC.