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Merge of DCN and a small part of Thales

As written till now:

To Alepou:

This is a merge between DCN & Thales Naval France plus some other french activities.

Thales Nederland (former Signaal) is not involved in this merger.
Thales Nederland is independant of shipyards and works with shipyards whole world around.
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7seas

By Rickusn
Im confused.

The article states:

“Thales, formerly known as Thomson-CSF, is a supplier of electronics to the defense and security sectors. “

History of Thales:

“In 1990 Philips decided defence was not a core activity and sold Signaal to Thomson-CSF, the French electronics and defence contractor. Signaal became Thomson-CSF Signaal. With the renaming of Thomson to Thales in 2000 Thomson-CSF Signaal became Thales Nederland.”

And this from the Thales site:

“Thales is a leading international electronics and systems group, serving defence, aerospace and security markets worldwide, supported by a comprehensive services offering.”

And tis from a sub-part of the Thales site “Thales in the Netherlands”:

“Thales’ principle field of activity in The Netherlands is naval defence systems. Other military activities include air defence, communications, optronics, munitronics, cryogenics and security. On the civil market, Thales provides a full range of navigation and positioning equipment. Thales Services is active on both the military and civil markets. “

Im not sure I understand how “Thales Nederland” or “Thales in the Netherlands” cant be involved.

Thanks for any clarification.

It truly is a bit confusing

By Froncois5:
Rick, it is a loong and complicate story.

In 1879 : Elihu Thomson et Edwin Houston create a company named Thomson-Houston Electric Company.

After years of merging and other name (and country) changings, in 1987, Thomson-CSF sold its telephony and medical branch to Alcatel and GE, its semi-conductor branch to the italian IRI-Finmeccanica.

In 2000, all the companies of the Thomson-CSF group are merge into Thales S.A.
The multimedia branch is merged into Thomson S.A.

Thales NL is mainly former Signaal.
Thales UK is mainly Redifon MEL and Marconi Defence.

Subdivision looks like this (althought this comes from an outdated wiki-):
Thales Air Traffic Management
Thales Air Defence
Thales Communications
Thales Electron Devices
Thales Engineering & Consulting
Thales e-Transactions
Thales Freight and Logistics
Thales Industrial Services
Thales Services
Thales ISR
Thales Microwave
Thales Navigation
Thales Optronique
Thales Propriete intellectuelle
Thales Research and Technology
Thales Services industrie
Thales Security Systems
Thales Systemes aeroportes
Thales Technologies et services
Thales Underwater Systems

Thales is Thales. No real separation by country, if it is, only regarding export licences. And the group tends at having the others companies of the group to work together (sinergies) on global contracts.
Should not put a country name behind Thales.

The registred company in the Netherlands is:
Thales Nederland B.V.
that’s the legal unit.

That’s the unit that pays tax and has his resposibility to the legal system in the Netherlands, unions and for trade licenses.

Now, please back on subject:
Improved FREMM.
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7seas

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By: 7seas - 21st December 2006 at 19:30

To Francois5:
Can’t understand your answer, can’t understand why you react in the way you do.

Boardmembers do have questions around this subject.
Others give there view, that’s where this board is for.

The press release mentioned is very unclear.
Especially for people who had not follow this long merger talk of DCN and Thales Naval France (at least back to june 2004)

Mixing up the FREMM discussion with the merger is a pitty for both interesting subjects, that’s why I have split them.

Well, industrials are not living by the words of 12 years old on forums, fortunatly.

Please enlighten me!

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By: Francois5 - 21st December 2006 at 08:12

LOL, you make your own subject to prove you have the truth!
You should lock it also. Will give you the last word.

Well, industrials are not living by the words of 12 years old on forums, fortunatly.

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By: 7seas - 20th December 2006 at 20:59

What’s involved ?

Have not find detailed results of the negotiations, but it will be around this:

DCN CAPITAL OPENED TO THALES
Thales buys a 25% share in DCN by transferring assets to DCN:
– Thales Naval France businesses excl. radars (prime contracting, CS/CMS, services)
– its 50% interest in Armaris (incl. subsidiaries)
– its 35% interest in MOPA2
– its 24% interest in the Eurotorp partnership
plus paying an additional cash contribution.

Source: a presentation for shareholders (end of 2005)

To say it again:
The Naval activities of:
– the Netherlands
– UK
– Germany
– Canada
– Australia
– South Korea
– South Africa
– US
to name a few, are NOT involved.

Hope this helps

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