Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
In early 2019, Thales completes acquisition of Gemalto to become a global leader in digital identity and security. Completed in 15 months, the acquisition of Gemalto by Thales for €4.8 billion creates a Group on a new scale and a global leader in digital identity and security employing 80,000 people.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedFrance's Thales accused of selling to Russia despite sanctions, denied by company. LLC changed its name, sold to a local legal entity.
After the scandal, the French giant Thales sold its business in Russia. The French Thales Group refused to provide security for Russian banks. Thales stopped updating software for Russia.