LOS ANGELES-Oberthur Card Systems announced that with $3.3 million, it has acquired the remaining 50 percent of Rapsodia Software from French customer relationship management company, Prosodie.
“We set our sights a while ago on making the shift from being a `smart card provider’ to working with our customers to provide them with a complete end-to-end solution,” said Thomas Savare, chief executive officer of Oberthur Card Systems. “This acquisition consolidates this shift; we have acquired a technology expertise that is key to our chip card solution offer.”
Rapsodia Software, which launched in May 1999 as a joint venture between Oberthur Card Systems and Prosodie, will now be a fully integrated business division of Oberthur Card Systems and will be managed by its current managing director, Olivier Leroux.
