Gemalto is acquiring SafeNet for $890 million

Amsterdam-based digital security firm Gemalto says it will close on an $890 million deal to buy SafeNet later this year. “We have just entered into our new multi-year development plan, and there is a perfect fit between Gemalto’s ‘security at the edge’ and SafeNet’s ‘security at the core’ capabilities,” Gemalto CEO Olivier Piou said in a press release. The company claims more than 400 million digital data records have been lost or stolen so far in 2014.