The merger of Oberthur and Safran Identity & Security (Morpho) was completed in June of this year. The combined entity, which is majority-owned by private equity firm Advent International, has been named Idemia. The new company has annual revenues that exceed $3.00 billion. Last year, more than 828 million chip and magnetic stripe-only payment cards were manufactured and more than 3.00 billion identification documents were produced, including 80% of the driver’s licenses in the U.S., and Aadhaar, India’s national ID card. The company manufactured 1.25 billion SIM cards. Idemia is...