Thales set to purchase nCipher

Internet security specialist nCipher is to be bought by defence electronics firm Thales under a £50.7m (€63.4m) deal announced today.

Internet security specialist nCipher is to be bought by defence electronics firm Thales under a £50.7m (€63.4m) deal announced today.

Thales UK – owned by the French parent group Thales – confirmed it had agreed to pay 300p a share for nCipher.

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