Gemalto reinforces long time partnership with Turkish Plastkart

Gemalto  has acquired a controlling interest in Plastikkart Akıllı Kart İletişim Sistemleri 
Sanayi ve Ticaret A.Ş. (Plastkart), a regional leader in personalization services and smart card production based in Turkey.
 
Plastkart is a public company, listed on the Istanbul Stock Exchange (symbol: PKART). Gemalto will now apply to the Turkish Capital Market Board (CMB) in order to fulfill its obligation to make a public offer for the remainder of the shares that it does not already own. The Information Sheet describing the terms of the offer will be available within 45 days, after review and approval by the CMB.
 
Gemalto has been Plastkart’s long term technology partner, since 2003. Going forward, the companies 
will continue to co-operate as in the past, with Plastkart focusing on the fast growing Turkish market of 
75 million inhabitants. Turkish banks are already deploying dual interface contactless cards in large volumes.

Commenting on the transaction, Olivier Piou, CEO of Gemalto, stated “The Turkish digital security market is highly innovative. It was an early adopter of contactless payment, NFC and mobile digital identity for 
example. Plastkart has built a reputation for quality and service in the Turkish market, and we look 
forward to continuing to work with the Plastkart team in the future“.
 
Ali Yildiz, CEO of Plastkart, added “Gemalto has supported our development over the past decade. 
As our industry shifts towards software and services, it was important that Plastkart aligns itself 
strategically with the best technology partner, and we are really happy to be able to do so today“.

Tags: , , , , , , ,

Categories: Industry News, Partner News

SUBSCRIBE & CONNECT

Subscribe to our RSS feed and social profiles to receive updates.

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: