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Technology Stocks : Sequans, the investors board
SQNS 7.070-0.7%10:11 AM EDT

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From: frmrVZguy6/24/2019 1:51:48 PM
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FCC listing hints approval of new Thales Gemalto division device and familty of products link here
Thanks to Gary M (GaryMi) on YAHOO for the finding.
Dunno why BING and GOOGLE are failing on my service........

Anyway, I say it hints Gemalto since the first letters of the device are typically related to the company as we have seen with the Verizon 'VZ' range of devices e.g. VZM20Q.
It also hints a product with global TAM.

That's progress.... in R&D.
Now about those sales............
April 1, 2019 / 11:02 PM French group Thales completes 4.8 billion euro takeover of Gemalto
European Commission - Press release
Mergers: Commission approves acquisition of Gemalto by Thales, subject to conditions
Brussels, 11 December 2018
The European Commission has approved under the EU Merger Regulation the proposed acquisition of Gemalto by Thales. The approval is conditional on the divestment of Thales' general purpose hardware security modules business.
Commissioner Margrethe Vestager, in charge of competition policy, said: “The importance of data security solutions to protect critical social, commercial or personal information is increasing. Today's decision allows the creation of a strong European player in this market, while still ensuring that the merger will not prevent customers from continuing to enjoy fair prices and innovative products. This is because we have approved the deal subject to Thales' offer of a strong remedy that will fully preserve competition on this important market.” ...
The proposed remedies
To address the Commission's competition concerns, Thales offered to divest its global general purpose HSM business, marketed under the nShield brand, to a suitable purchaser, who will continue to develop the product. The purchase should have significant experience in a field closely related to HSMs and a good reputation among EEA customers. ... (more)
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