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Article: Gemplus and American Bank Note Company Form Joint Venture; Companies to Develop Smart Card Solutions for the Brazilian Market.
- Article from:
- Business Wire
- Article date:
- January 13, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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REDWOOD CITY, Calif.--(BUSINESS WIRE)--Jan. 13, 1999--Gemplus, the world's leading provider of smart-card based solutions, and American Bank Note Company (ABN), the largest plastic card manufacturer in Brazil, today announced that they have formed a joint venture, Gemplus Bank Note Ltda, to develop smart card solutions for the Brazilian market. The new company, which will be based in American Bank Note's existing factory in Barueri (Sao Paulo), will manufacture and personalize smart cards and develop software solutions. It will leverage ABN's full sales network that covers the entire country. Gemplus Bank Note will also have access to Gemplus' industry-leading smart card ...