G&D can look back on a successful company history of 160 years. The original company was founded in Leipzig on June 1, 1852 by Hermann Giesecke (1831–1900) and Alphonse Devrient (1821–1878) as “Typographisches Kunst-Institut Giesecke & Devrient”. Initially, G&D specialized in banknote printing and the supply of security paper and machines for banknote processing. Gradually, the company branched out into other security technologies, in particular into the areas of smartcards, electronic payments, personal identification, Internet security, and special security solutions for mobile technology.