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Data Security firm Imperva to be acquired by Thales for $3.5 billion

Thales, a France-based company specializing in aerospace and defense, has announced its acquisition of data security firm Imperva for $3.5 billion. Previously owned by Thoma Bravo, Imperva focuses on securing applications, information, and IT infrastructure for its users. The deal is expected to be completed by the end of this year. Imperva has expressed excitement about joining its new parent company and being a part of Thales’ technology offerings.

This acquisition is not the first of its kind for Thales, as the company has made similar purchases in the past. It acquired tech companies Excellium and Gemalto, further strengthening its presence in the cybersecurity field. Imperva, founded in Israel in 2002, went public on the New York Stock Exchange in 2011. It was later purchased by Thoma Bravo in 2019 for $2.3 billion and is now part of Thales’ cybersecurity portfolio.

Thales is a French conglomerate known for manufacturing electrical systems and devices in sectors such as aerospace, military, and transportation. With headquarters in Paris and operations in over 56 countries, Thales is the 7th largest defense contractor globally, with more than 55% of its sales coming from military equipment trade. The company has also ventured into manufacturing in-flight entertainment equipment and plans to offer cybersecurity services by the end of this year. With the technology gained from Imperva, Excellium, and Gemalto, Thales is preparing to re-launch its services under a new brand name, subject to confirmation.

In conclusion, Thales’ acquisition of data security firm Imperva for $3.5 billion strengthens its position in the cybersecurity industry. Imperva’s expertise in securing applications and IT infrastructure aligns with Thales’ focus on aerospace and defense. This acquisition follows Thales’ previous purchases of Excellium and Gemalto, further expanding its cybersecurity portfolio. As Thales continues to grow and diversify its offerings, it aims to provide comprehensive solutions for its customers’ data security needs.

Key Points:
1. Thales is acquiring data security firm Imperva for $3.5 billion.
2. Imperva specializes in securing applications, information, and IT infrastructure.
3. The deal is expected to be completed by the end of this year.
4. Thales previously acquired tech companies Excellium and Gemalto.
5. Thales is a French conglomerate known for its presence in aerospace, military, and transportation sectors.

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