France's Gemplus gets funding from U.S. firm

Article Abstract:

Gemplus, a manufacturer of smart cards based in France, is receiving a $300 million to $500 million investment (298.7 million euros to 497.8 million euros) from Texas Pacific Group.

United States, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Mergers, acquisitions and divestments, Abstract, Gemplus SCA, Texas Pacific Group

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Wireless-market concerns overshadow Gemplus profit

Article Abstract:

Gemplus International SA posted 99.1 million euros in net profits for the 2000 year, compared to a 32.1 million euros loss in 1999. However, the company's share value fell due to concerns over the forecasts of the wireless telecommunications market.

Forecasts, trends, outlooks, Forecasts and trends, Wireless communications, Wireless communication systems

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Gemplus posts loss on exposure to wireless market

Article Abstract:

Gemplus International posted a 21 million euros net loss before restructuring for the 2001 second-quarter. The company posted a net profit of 23.3 million euros during the same 2000 period.

Smart cards

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