Gemalto (Euronext NL0000400653 – GTO), the world leader in digital security, today confirmed that it has subscribed to a capital increase in Netsize, with an option to potentially acquire the company outright at a later date. The terms of the transaction were not disclosed.
Netsize offers mobile payment solutions based on operator billing (through premium SMS, MMS and WAP for example) for 100 mobile operators in 28 countries, reaching over 1 billion billable subscribers worldwide, and provides mobile messaging, with SMS and MMS delivery to over 200 countries.
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