Oberthur acquires NagraID Security

Oberthur Technologies has announced that it has acquired NagraID Security SA. NagraID Security develops and markets “powered display cards to secure access to the cloud” by using one-time password (OTP) or dynamic card verification value (DCVV) technologies.
“Thanks to the acquisition of NagraID Security’ s exclusive powered display card technology, OT is making a significant move on the very competitive payment card market, and in particular helping to reduce fraud for all card non-present transactions,” said Didier Lamouche, President and CEO of OT.
Read more about the acquisition in the articles below:
Oberthur Technologies Acquires NagraID Security — PYMNTS.com
Oberthur Technologies to acquire 100% equity stake of NagraID Security SA from Kudelski Group — Reuters
Oberthur Technologies To Buy NagraID Security From Kudelski — RTTNews