Thales recently announced that it has completed the acquisition of Imperva (previously expected to close in early 2024). This is an important milestone for Thales, creating a global leader in cybersecurity. Thales has more than 5,800 cybersecurity experts in 68 countries and expects cybersecurity revenue to reach 2.4 billion euros in 2024, with double-digit growth expected thereafter.
Industry sources added that this particular transaction will create significant value for Thales shareholders and is consistent with the objectives communicated when the acquisition was announced in July 2023. In addition, Thales Digital Identity and Security (DIS) business will be significantly improved and new financial targets will be achieved by 2027 (organic sales growth of +6% to +7% in 2024-2027, EBIT in 2027 rate reached 16.5%).
Patrice Caine, Chairman and CEO of Thales Group, stated “The acquisition of US company Imperva is an important day for Thales as it marks a step forward in expanding our global cybersecurity capabilities for businesses and government agencies around the world. A new step has been taken. We are very pleased to welcome the Imperva team on board.”
Patrice added “The combination of our two companies’ values and shared commitment to trust in the future will generate huge synergies, business opportunities, and significant market innovation. With the focus on Cyber threats to enterprise and government digital infrastructure are growing day by day, and Thales is now uniquely positioned to help customers protect the core of their digital ecosystems – applications, data and identities.”
Jesper Trolle, CEO of Exclusive Networks, stated: “As a long-term partner of Thales and Imperva, Exclusive Networks is delighted to see two companies we know well and value coming together. This acquisition marks Thales’ move towards becoming a global cybersecurity leader and has taken a key step in its ambition to strengthen its capabilities in data security and expand into the booming application security market. With this new comprehensive value proposition, Thales will be uniquely positioned to With our advantages, we can provide more innovative and effective solutions to address the increasingly severe security and compliance challenges faced by global enterprises.”
Thales and Imperva will work together to help customers address cybersecurity challenges that are rapidly increasing in frequency, severity, and complexity, providing the most comprehensive solutions for the widest range of applications, data security and identity use cases. The overall market share of these three segments is expected to grow significantly in the coming years. Analysts predict that total global end-user spending will reach approximately US$20 billion by 2024.
With the addition of Imperva, Thales’ expanded cybersecurity offering now offers a highly complementary portfolio of solutions to help customers secure applications, data and identities across their entire digital ecosystem:
- Application Security: Unified protection for every application and API deployed in cloud, on-premises or hybrid modes. Market-leading product suite includes web application firewall (WAF), distributed denial-of-service (DDoS) protection, advanced human authentication protection, application programming interface (API) security, developer-friendly content delivery network (CDN) and runtime Application Self-Protection (RASP)).
- Data security: Protect and control access to sensitive data everywhere, whether it’s at rest, in motion or in use. The product suite includes the CipherTrust data security platform, Imperva data security architecture, and Luna and payShield hardware security modules, which are commonly used as the root of trust for cryptographic operations.
- Identity and Access Management: Provide customers, employees, and partners with seamless, secure, and trusted access to applications and digital services. The product suite includes OneWelcome Identity Platform and SafeNet Trusted Access.
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