EXHIBIT 23.2
Consent of Independent Auditors
We consent to the reference to our firm under
the caption Experts and to the use of our report dated January 25, 2001, with respect to the consolidated financial statements of ActivCard S.A. included in the Registration Statement (Amendment No. 2 to Form S-4) and related Prospectus
of ActivCard Corp.
Ernst & Young Audit
/s/ John Mackey
Represented by John Mackey
Paris, France
December 23, 2002