OT Acquires Xantium and Strengthens Its Leadership Position on African Continent
OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions, today announced that it has acquired Xantium Integrated Solutions (Xantium).
Xantium is a renowned South African supplier of cards and personalization services to a wide variety of market segments including Banks, Retailers and Third party payment processors in South Africa and several African countries.
Through this acquisition, OT will grow its footprint in the promising Southern African market and strengthen its base in Johannesburg to address customers across the African continent.
Xantium brings to OT an experienced team which has excelled in providing high levels of service to its broad client base with a focus on quality, speed and flexibility. This has been supported by an innovative approach to card personalization with expertise developed in the fields of card distribution and reporting.
“OT’s ambition is to strengthen our leading position in Africa by addressing the growing demand for payment, authentication and related services through providing best in-class expertise and state-of-the-art products that meet our clients’ demands. Xantium has built up an impressive customer base across the continent and through this acquisition, OT pursues its strategy of acquiring, targeted companies which enhance our global footprint through a strong local presence” said Muzaffar Khokhar, Regional President for Russia, Middle-East and Africa at OT.
ABOUT OBERTHUR TECHNOLOGIES
OT is a world leader in embedded digital security that protects you when you connect, authenticate or pay.
OT is strategically positioned in high growth markets and offers embedded security software solutions for “end-point” devices as well as associated remote management solutions to a huge portfolio of international clients, including banks and financial institutions, mobile operators, authorities and governments, as well as manufacturers of connected objects and equipment.
OT employs over 6 500 employees worldwide, including almost 700 R&D people. With a global footprint of 4 regional secure manufacturing hubs and 39 secure service centers, OT’s international network serves clients in 169 countries. For more information: www.oberthur.com
Audrey Besnardeau, Tél. : +33 1 78 14 76 75
Hadrien Le Roux / Elise Cognacq
Tél. : +33 1 86 21 50 83 / +33 1 86 21 50 67
firstname.lastname@example.org / email@example.com
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
NY-INTERNATIONAL-FLAVORS15.11.2018 22:17 | pressemeddelelse
IFF-LMR Naturals Leads Industry with 90 Certified Vegan Natural Extracts
NV-RIMINI-STREET15.11.2018 21:02 | pressemeddelelse
Rimini Street Expands Investment and Operations in Asia-Pacific
SARTORIUS-STEDIM-BIOTECH15.11.2018 19:17 | pressemeddelelse
Sartorius Stedim Biotech and Lonza Modify Relationship for Supply of Cell Culture Media
INTERTOPS-POKER15.11.2018 18:48 | pressemeddelelse
Intertops Poker Launches its 20 Event Strong SOFT Series for its Recreational Player Base
DC-PMI15.11.2018 18:23 | pressemeddelelse
Telstra: Capital Planning & Delivery Named PMO of the Year
ACURIS-RISK15.11.2018 17:14 | pressemeddelelse
Acuris Risk Intelligence and FinScan® Announce Global Strategic Partnership
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum