Gemalto Reports Double-Digit Growth In All Main Segments

Gemalto reports third quarter 2010 revenue

October 23, 2010

2 Min Read

PRESS RELEASE

Amsterdam - Oct 21, 2010 - Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security today announced its revenue for the third quarter of 2010. Olivier Piou, Chief Executive Officer, commented: “This quarter’s strong growth in all our main segments demonstrates the strength of our business and the benefits of the initiatives taken since the beginning of the year. Our acquisition of Cinterion, reported in the new business segment Machine-to-Machine, opens an additional growth path for Gemalto, now the leader in this promising market. We are on track to deliver growth and profit expansion for the full year.”

About Gemalto

Gemalto (Euronext NL 0000400653 GTO) is the world leader in digital security with 2009 annual revenues of 1.65 billion, and over 10 thousand employees operating out of 75 offices, with research and service centers in 41 countries.

Gemalto is at the heart of our evolving digital society. The freedom to communicate, travel, shop, bank, entertain, and work—anytime, anywhere—has become an integral part of what people want and expect, in ways that are convenient, enjoyable and secure.

Gemalto delivers on the growing demands of billions of people worldwide for mobile connectivity, identity and data protection, credit card safety, health and transportation services, e-government and national security. We do this by supplying to governments, wireless operators, banks and enterprises a wide range of secure personal devices, such as subscriber identification modules (SIM) in mobile phones, smart banking cards, electronic passports, and USB tokens for online identity protection. To complete the solution we also provide software, systems and services to help our customers achieve their goals.

As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the company is poised to thrive over the coming years.

For more information please visit www.gemalto.com.

Read more about:

2010
Keep up with the latest cybersecurity threats, newly discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox.

You May Also Like


More Insights