Sunday, March 4, 2012

Bull merges 4 units, signaling a stronger chip card commitment.(Groupe Bull consolidates chip card operations into CP8 Transac unit)

Groupe Bull, a French computer company that is trying to shake off prolonged financial problems, is making a bigger commitment to smart cards.

One of the big three France-based manufacturers of the advanced cards, Bull announced last week a consolidation of its far-flung chip card and related operations into a unit called CP8 Transac.

Among the four companies coming under the unified structure is Micro Card Technologies Inc. of Vienna, Va., the longest- established chip card maker in the United States.

Micro Card will gradually convert to the CP8 Transac identity while the U.S. unit's management, led by president Arnaud d'Avezac, will remain in place, said …

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