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Europe Daily Bulletin No. 9197

23 May 2006
Contents Publication in full By article 29 / 36
GENERAL NEWS / (eu) eu/competition
Axalto to buyout Gemplus

Brussels, 22/05/2006 (Agence Europe) - The European Commission has approved, if certain conditions are met, the planned acquisition by the Dutch company Axalto of Gemplus, established in Luxemburg. Both companies produce and sell smart cards used for mobile phones, payments and identification, and related products and services. The parties have provided commitments to license the combined entity's patent portfolio for ten years and provide third parties with interoperability information...

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