Ncipher Takeover

Daily MailJuly 12, 2008

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Summary


THE founders of internet security specialist nCipher, brothers Alex and Nicko van Someren, will bank [pounds]1.75m and [pounds]1.83m respectively after agreeing to a [pounds]50.7m takeover by French engineering group Thales.

The Cambridge-based firm (up 26p at 286p) develops 'encryption technology' to ensure security of online information. Thales has agreed to pay 300p a share for the firm.

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Ncipher Takeover

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