Thales completes acquisition of nCipher
Thales has completed the acquisition of nCipher.
The merger was completed on Friday 10th October and sees the encryption product supplier become part of Thales's information and communications systems security business.
Alex Dorrian, CEO Thales UK and EVP, USA, Canada and Australia, said: "Following the successful acquisition of nCipher, we are now set to start the integration of the two businesses."
Olivier Houssin, EVP Security & Services & EVP Security Solutions & Services, said: "The nCipher acquisition will enhance the combined group's reputation as one of the most technologically advanced players in the information and communication systems security market. “