Oberthur Smart Cards has announced plans to buy De La Rue Group's card systems division for about $318 million.

The acquisition would expand Oberthur's reach into the Global Systems for Mobile Communications market, which is said to be one of the largest developing markets for chip technology.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.