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M-Systems eyes mobile market with acquistion of smart card p
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Author:  chenethan [ Thu Nov 17, 2005 2:20 am ]
Post subject:  M-Systems eyes mobile market with acquistion of smart card p

M-Systems announced it will pay US$40 million for the acquisition of Spain-based smart card maker Microelectronica Espanola, aiming to enhance the company's mobile product line portfolio and broaden its coverage in the mobile market, according to the company.

M-Systems expects the acquisition should help the company offering a unique portfolio of storage solutions, including DiskOnChip embedded flash drives, memory cards, MegaSIM products and SIM cards for mobile handsets, said company president and chief executive officer of M-Systems, Dov Moran in the press release.

Microelectronica Espanola is a Madrid-based smart card company that established in 1989, has focused on the development of fundamental smart card technology. Currently, Microelectronica Espanola's technology is utilized in the telecommunications industry, as well as in the security and banking industries.

According to M-Systems, the goal of the acquisition was to gain smart card security technology along with a manufacturing infrastructure that was already validated by mobile operators, as well as gaining direct sales access to the mobile operators.

Microelectronica Espanola has close relations with first-tier mobile operators in Spain and South America, Moran indicated.

Author:  aamir786 [ Fri Oct 19, 2018 8:38 pm ]
Post subject:  Re: M-Systems eyes mobile market with acquistion of smart card p

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Author:  christeena [ Fri Oct 26, 2018 6:43 pm ]
Post subject:  Re: M-Systems eyes mobile market with acquistion of smart card p

This article is much useful for me to know about this new Spain-based smart card. The company is aiming to enhance mobile product line portfolio and broaden its coverage in the mobile market. Thanks for this informative article. local internet providers

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