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Article: Gemalto Increases Stake in Serverside.(Technology)(Brief article)
- Article from:
- American Banker
- Article date:
- November 5, 2009
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Byline: CardLine Global
Gemalto NVof Amsterdam has increased its investment in Serverside Groupof London,a provider of payment card personalization software to issuers.
Paul Beverly, the president of Gemalto's North America unit, said Tuesday that the smart card maker now owns a 50.1% stake in Serversideand has an option to acquire the rest in the next three to five years.
The companies did not give a price for the transaction.
Gemalto has also struck a ...