Jean-Pierre Savare, founder of the Oberthur Group and his family will retain a minority stake of about 10 percent in the company. Advent International will also support the company’s growth through potential external to improve its technological development.
The Card Systems Division provides security and identification services for mobile, payment, transport, digital TV and convergence markets. Clients include mobile operators, financial institutions, transport operators and conditional access system providers. The Identity Division specializes in manufacturing of secure identity documents, such as passports, identity cards, driving licenses and healthcare cards and associated services for both governmental and corporate markets.
In recent news, US Bank, divison of US Bancorp in partnership with Visa and Oberthur Technologies has released a dual interface payment service, dubbed the US Bank FlexPerks Travel Rewards Visa, which allows acceptance and compatibility with credit cards systems worldwide.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now