Gemalto First-Half Net Income More Than Doubles on Cost Cuts, Card Sales Aug 21, 2008
Gemalto was created in 2006 when Gemplus International SA and Axalto Holding NV combined to cut costs as competition from China hurt prices. Net income based on IFRS accounting was 45 million euros, compared with a year-earlier loss of 50 million euros on lower restructuring expenses. (Bloomberg -- Europe)
Bankruptcy judge: Dell director must pay Jan 30, 2008
After Teligent's collapse, he became CEO of Gemplus International SA, a maker of smart cards, from 2002 to 2006. The Gemplus appointment was controversial, with one director accusing Mandl of failing to disclose ties to a CIA-backed venture capital fund. (Anchorage Daily News)
Horizon Lines, Inc. Announces Results of Board Meeting on June 5, 2007 Jun 6, 2007
Mr. Mandl is currently Executive Chairman of the Board of Gemalto, and was formerly President and CEO of Gemplus International, now merged into Gemalto. Mr. Mandl has held several senior executive positions including CEO of Teligent and Sea-Land Service, Inc., the domestic and international predecessor of Horizon Lines and President and COO of AT Mr. Storrs is currently Senior Executive Director, Corporate Planning and Control and a Director of Takata Corporation Tokyo, Japan. (PR Newswire)
Gemalto Announces Planned Ending of Registration of its Shares Under US Securities Laws Jun 5, 2007
AMSTERDAM, The Netherlands, June 5 /PRNewswire-FirstCall/ -- On January 29, 2007, Gemalto announced that it had acquired 100% of the shares of Gemplus International S.A. ("Gemplus") following its Public Exchange Offer and the completion of the mandatory squeeze-out of the Gemplus shares, in transactions exempt from the registration requirements of the U.S. Securities Act of 1933. Consequently, Gemplus shares were delisted from the Eurolist of Euronext Paris S.A. and the Gemplus American... (PR Newswire)
Implementation and Terms of the Mandatory Squeeze-Out Relating to Gemplus Shares Jan 8, 2007
It may be difficult for an investor to enforce its rights and any claim it may have arising under US federal securities laws, since Gemalto N.V. and Gemplus International S.A. have their corporate headquarters outside of the United States, and some or all of their officers and directors may be residents of foreign countries ... Gemalto N.V. ("Gemalto") announces its decision to implement, following the public exchange offer (the "Offer") initiated by Gemalto for the shares of Gemplus... (PR Newswire)
