Epsilon M&A Deal Report - Banking Business of Xiring SA
Transaction Multiples for the Valuation of Private Companies
Gemalto / Banking Business of Xiring SA
No EMAT :
20384
Announced Date :
23/11/2009
Type :
Acquisition of Majority Stake
Deal Value :
Yes
Acquirer :
Gemalto
Target :
Banking Business of Xiring SA
Country :
France
Sector of activity :
- Financial Software > Business Software > Software > Banking software / payment system
- Business Software > Software > Security Software
Business Description :
The Banking Business of Xiring SA specialises in smart card based authentication solutions for e-banking . It is a pioneer of EMV-based strong authentication solutions for e-banking and e-commerce....
Transaction multiples available
| EV/ Sales |
EV/ Gross Profit |
EV/ EBITDA |
EV/ EBIT |
Eq/ PBT |
P/E | Price to Book |
Specific multiple(s) |
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|---|---|---|---|---|---|---|---|---|
| Historic | 
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| Current |
Rating :
*
|
|
Multiple available |
| n.s. | Multiple calculated, but not significant |
Source: Epsilon Research / EMAT
Comparable Transactions
- Number of EMAT Reports / sub-sector « Banking software / payment system » = 92
- Number of EMAT Reports / sub-sector « Security Software » = 70
| Date | Acquirer | Target | Country | Multiples | See details |
| 31/10/2007 | Parametric Technology Corp (PTC) | CoCreate Software | Germany | ** | 20312 |
| 30/04/2009 | NetLogic Microsystems | Network Search Engine Assets of Integrated Device Technology Inc (IDT) | United States | *** | 20196 |
Source: Epsilon Research / EMAT
