Gemplus International
Encyclopedia
Acquired by the Texas Pacific Group
in 2000, Luxemburg-based Gemplus International SA was a provider of smart card
s and related technologies, until its June 2, 2006 merger with rival Axalto
; the combined entity is known as Gemalto
.
Texas Pacific Group
TPG Capital is one of the largest private equity investment firms globally, focused on leveraged buyout, growth capital and leveraged recapitalization investments in distressed companies and turnaround situations. TPG also manages investment funds specializing in growth capital, venture capital,...
in 2000, Luxemburg-based Gemplus International SA was a provider of smart card
Smart card
A smart card, chip card, or integrated circuit card , is any pocket-sized card with embedded integrated circuits. A smart card or microprocessor cards contain volatile memory and microprocessor components. The card is made of plastic, generally polyvinyl chloride, but sometimes acrylonitrile...
s and related technologies, until its June 2, 2006 merger with rival Axalto
Axalto
Axalto has been a smart card manufacturer, that during its brief independent existence, with over 4,500 employees in 60 countries, was one of the world's leading providers of microprocessor cards and also a major supplier of point of sale terminals.Axalto's business covered the telecommunications,...
; the combined entity is known as Gemalto
Gemalto
Gemalto is an international digital security company, providing secure personal devices such as smart cards and tokens in addition to software applications and managed services. The company was formed in June 2006 by the combination of two companies Axalto and Gemplus International...
.