Gemalto's CEO Says Altos Offer Undervalues Us

Philippe Vallee, CEO of Gemalto, discusses the company's response to a hostile takeover bid by Atos. He emphasizes that Gemalto is undervalued and outlines the company's strategic plans to enhance digital security offerings. Vallee highlights the importance of stakeholder interests and the need for a clear integration strategy. He also addresses shareholder concerns, potential partnerships, and analyst ratings, while reaffirming Gemalto's commitment to growth and cash flow management.

What is Philippe Vallee's main concern regarding the potential takeover by Atos?

• The expansion of Atos

• The reduction in employee benefits

• The undervaluation of Gemalto

• The increase in share prices

Which sectors does Gemalto focus on for growth in digital security?

• Retail and Hospitality

• Enterprise, Government, and IoT

• Healthcare and Education

• Transportation and Logistics

What is the significance of the acquisition from 3M for Gemalto?

• It led to a decrease in market share

• It was a strategic move to enhance biometric capabilities

• It resulted in a loss of key clients

• It helped reduce operational costs

What is the board's reaction to Atos' offer according to Philippe?

• They are planning to merge with another company

• They believe the offer undervalues Gemalto

• They are considering accepting the offer

• They are indifferent to the offer

What strategic plan does Philippe mention to reassure shareholders?

• A plan to evolve as a leader in digital security

• A plan to reduce operational costs

• A plan to expand into new markets

• A plan to increase marketing efforts

How does Philippe describe Atos' approach to the takeover?

• Opportunistic and smart

• Friendly and cooperative

• Aggressive and hostile

• Cautious and hesitant

What financial strategy is Gemalto focusing on according to Philippe?

• Investing in new technologies

• Reducing employee salaries

• Managing cash flow and adjusting costs

• Increasing debt to finance growth