Xantium is a renowned South African supplier of cards and personalisation services to a wide variety of market segments including banks, retailers and third party payment processors in South Africa and several African countries. Through the acquisition, Oberthur Technologies will grow its footprint in the promising Southern African market and strengthen its base in Johannesburg to address customers across the African continent.
Xantium brings to Oberthur Technologies an experienced team which has provided high levels of service to its client base with a focus on quality, speed and flexibility. This has been supported by an innovative approach to card personalisation with expertise developed in the fields of card distribution and reporting.
“Oberthur Technologies’s ambition is to strengthen our leading position in Africa by addressing the growing demand for payment, authentication and related services through providing best in-class expertise and state-of-the-art products that meet our clients’ demands. Xantium has built up an impressive customer base across the continent and through this acquisition, Oberthur Technologies pursues its strategy of acquiring, targeted companies which enhance our global footprint through a strong local presence” said Muzaffar Khokhar, Regional President for Russia, Middle-East and Africa at Oberthur Technologies.
Oberthur Technologies is a global vendor in embedded digital security that protects during connect, authenticate, payment. Oberthur Technologies is positioned in high growth markets and offers embedded security software solutions for end-point devices as well as associated remote management solutions to a portfolio of banks and financial institutions, mobile operators, authorities and governments, as well as manufacturers of connected objects and equipment.
