Thales S.A - proposed acquisition of Gemalto N.V

Acquirer(s)

  • Thales S.A

Target(s)

  • Gemalto N.V

Summary

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

Timeline

DateEvent
24/09/2018ACCC commenced review under the Merger Process Guidelines.
12/10/2018Closing date for submissions from interested parties.
22/11/2018Former 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.
17/12/2018ACCC received information from the parties.
20/12/2018ACCC announced it would not oppose the proposed acquisition, subject to a section 87B undertaking accepted by the ACCC.