LEDGER x LACROIX : two of France’s gems are joining forces to
promote French innovation and competitiveness. A partnership that
is emblematic of the synergies between French Tech and French Fab.
LEDGER x
LACROIX :two of France’s
gems are joining forces to promoteFrench
innovation and competitiveness
A partnership that is
emblematic of the
synergiesbetween French Tech and French
Fab
Paris,
Saint-Herblain,
Vierzon - LEDGER, a world leader in securing
digital assets, and LACROIX, the French leader in industry 4.0,
have decided to join forces to produce a key component of the
world's best-selling cryptoasset wallet, LEDGER's Nano.
The current situation in relation to the
democratization of cryptoassets, as well as the exponential growth
in demand for LEDGER’s hardware wallets – more than 3 million units
have been sold to date and 15% of digital assets worldwide are
protected by a LEDGER key – have called for a change in production
capacity for the Tech unicorn.
Since this summer, the PCBAs (electronic boards)
for LEDGER security keys have been manufactured in France by
LACROIX, and in the following months produced at the LACROIX
Group's brand new production site in Maine-et-Loire, which is
called Symbiose. This is an electronics factory of the future that
meets industry 4.0 standards, is environmentally friendly and is
designed to help its employees thrive.
LACROIX’s experience, expertise and production
capacities should enable LEDGER to continue to scale and accelerate
its production, while guaranteeing safety and production
quality.
This unicorn company, created in 2014, and the
family-owned, quoted SME company, whose story began in 1936, are
two very complementary incarnations of French success stories that
have an international reach. The combination of the expertise and
intelligence of these two companies, which are members of French
Tech and French Fab respectively, is a demonstration of the
strength and agility of the French entrepreneurial landscape.
More than a partnership, this is an association
between two companies that are at the cutting edge of their
industries, both rooted in French territories and in global
markets, in the service of innovation.
Agnès
Pannier-Runacher,
Minister for Economic Affairs, Finance & Industry, with
responsibility for Industry
Minister, said
“Following on from the French President’s
presentation of the France 2030 investment plan, the agreement
reached between Ledger and LACROIX illustrates the renewal of our
industrial policy, and our ambition to accelerate the
industrialization of any start-ups that are highly technological in
nature in France. It also demonstrates the synergies between
established groups and emerging players, which we wish to
encourage. In addition, I see this collaboration as an initial
result of the support provided to the LACROIX factory 4.0 project
by France Relance, which, through innovation and investment in the
production tool, demonstrates the relevance of choosing Made in
France, both economically and in terms of industrial
resilience.”
Cédric O, Secretary of State for Digital Transition and
Electronic Communications said,
“This partnership is emblematic of the new
position of French Tech in the French economy. Over the course of
just a few years, start-ups have become drivers of growth and job
creation across the country, just as Ledger has become in Vierzon.
While the ecosystem only had 3 unicorn companies in 2017, it now
has 19, including Ledger in recent months, and French Tech is
expected to exceed the €10bn that it raised in 2021. These
exceptional results are due, on the one hand, to the creativity of
our entrepreneurs, and on the other hand, to the constant support
that the Government has provided to these strategic players for
innovation and French sovereignty. I welcome the partnership
between Ledger and LACROIX, as it allows two worlds to come
together, growing both French Tech and Industry 4.0 at the same
time.”
Vincent Bedouin, CEO of
LACROIX, stated:
“We are delighted that LEDGER has chosen LACROIX to support them
in the production of circuit boards, which are a key component of
their Nano cryptoasset wallet. Within the French electronics
sector, we have great skill combined with remarkable technologies.
Maintaining innovation in the design and production of electronic
assemblies requires ethical collaborations and sources of
value.
By partnering with LEDGER, a French Tech unicorn that is growing
fast, we are sharing something that is more than just a partnership
through our common vision: an open and innovative collaborative
model. This is what the alliance of French Fab and French Tech is
all about.”
Pascal Gauthier, CEO of LEDGER, stated:
“At LEDGER, we are pragmatic. It is our duty, as we are
developing a giant company of the future. We did not, therefore,
have any great difficulty in choosing to partner with LACROIX for
the production of our electronic boards, which are key elements in
our flagship product, the Nano S and X.
In fact, we chose LACROIX because we are convinced that they are
capable of providing safety, agility, quality and volume. This is
essential at the critical stage of development that we currently
find ourselves in, and given the rapid expansion of our market
alongside the growing adoption of cryptoassets around the
world.
I am pleased that we can also find synergies between French Tech
and French Fab, and thus demonstrate the ability of French
companies to be at the forefront of industry and technology.”
Upcoming datesRevenue for 3rd
quarter 2021: 8 November 2021 after market close
View our financial data on our
Investors'
Zonehttps://www.lacroix-group.com/investors/
ABOUT
LACROIX
Convinced that technology should contribute to
making our living environments simpler, more sustainable and safer,
LACROIX supports its customers in the construction and management
of intelligent living ecosystems, thanks to connected equipment and
technologies.
As a publicly-listed family-owned mid-cap, with
a turnover of €441 million in 2020, LACROIX combines the essential
agility required to innovate in an ever-changing technological
sector with the ability to industrialise robust and secure
equipment, cutting-edge know-how in industrial IoT solutions and
electronic equipment for critical applications and the long-term
vision to invest and build for the future.
LACROIX designs and manufactures its customers’
electronic equipment, as well as IoT (hardware, software and cloud)
and AI solutions, in particular in the automotive, home automation,
aeronautical, industrial and health sectors. The Group also
provides safe, connected equipment for the management of critical
infrastructures such as smart roads (street lighting, traffic
signs, traffic management, V2X) and the management and operation of
water and energy systems.
Drawing on its extensive experience and
expertise, LACROIX works with its customers and partners to build
the connection between the world of today and the world of
tomorrow. It helps them create the industry of the future and to
make the most of the innovation opportunities surrounding them, by
supplying them with the equipment and solutions of a smarter
world.
→ LACROIX: international technological equipment
supplier
Contacts
LACROIX DG Délégué & VP
Exécutif Finance Nicolas Bedouin
info@lacroix-group.com Tél. : 02 72 25 68 80 |
ACTIFIN
Relations presse Jennifer Jullia
jjullia@actifin.fr Tél. : 01 56 88 11 19 |
ACTIFIN
Communication financière Simon Derbanne
sderbanne@actifin.fr Tél. : 01 56 88 11 14 |
ABOUT LEDGER
Ledger is the world leader in securing and
managing digital assets. Launched in France in 2014, this scale-up
designs and markets hardware and software products and services for
individuals and businesses. Thanks to state-of-the-art technology
and advanced security standards, led by its highly recognised
intelligence and research department, it is responding to a growing
need for security for everyone: individuals, companies and
institutions.
The fast-growing scale-up became a unicorn in
June 2021, when it announced that it raised $380 million, bringing
its valuation to $1.5 billion. Ledger currently has more than 350
employees across, among other places, France (Paris, Vierzon,
Montpellier, Grenoble, etc.) New York, Singapore, Hong Kong and
London.
Thanks to the more than 3 million Nano S and X
wallets sold in over 190 countries since 2014 (making it the
world's best-selling physical wallet) and the 1.5m regular users of
its Ledger Live app, as well as its security solutions for
financial institutions and companies with Ledger Enterprise
Solutions, the company estimates that, to date, it protects around
15% of cryptoassets worldwide.
It is currently investing heavily in its
technology in order to maintain its lead, but it is also investing
in the development of new services within its platform. In this
way, it can offer security, freedom and simplicity to as many
people as possible throughout their entire experience of digital
assets. In fact, with the democratization of cryptoassets, Ledger
is aiming to become the benchmark secure platform for the entire
cryptoasset ecosystem. This will enable everyone, wherever they
are, to invest, save, control or directly spend their digital
assets and, more broadly, take back control of their critical
digital data.
→ Ledger: Hardware Wallet - State-of-the-art security for crypto
assets
CONTACTSLEDGER: Ursula Luzolo, +33 6 37 61 77
77
- LACROIX_CP_Ledger_20211021_EN_vdef
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