Note: All the facts, figures and tables in this article were taken from Gemalto's investor relations website and the company's annual reports.
Last Friday, Gemalto (OTCPK:GTOMY),(OTCPK:GTOFF) announced that it is buying SafeNet in a deal worth of $890 million which includes cash and debt. This article will discuss the implications of this acquisition for Gemalto's long term target, particularly the specific target of generating at least €600 million ($804 million) in operating profits by 2017.
In order to have a better understanding of how this deal with affect Gemalto's goals, we first have to look at Gemalto's business model. Gemalto is a Dutch company that focuses on providing digital security products and related services to...
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