Thales to acquire cybersecurity company Imperva in $3.6 billion deal

Thales, a multinational technologies company listed on Euronext Paris, has announced plans to acquire US-based cybersecurity company Imperva. The deal, agreed with software investment firm Thoma Bravo, is valued at $3.6 billion. The closing of the transaction is expected at the beginning of 2024, pending customary anti-trust and regulatory approvals.

Imperva, headquartered in San Mateo, California, specializes in protecting critical applications, APIs, and data at scale. The company has global operations across the Americas, Asia Pacific, Europe-Middle East, and Africa. It generated over half a billion dollars in trailing twelve-month revenue in 2022 and employs over 1,400 people.

Upon completion of this acquisition, Thales plans to consolidate all its civil cyber activities within its Digital Identity & Security (DIS) operating segment from January 1, 2024. Currently, these activities are split between the DIS and Defense & Security operating segments.

The integrated operations of Thales and Imperva will create a global cybersecurity portfolio around three product areas: Identity (Thales), Data Security (Thales and Imperva), and Application Security (Imperva).

[Image courtesy: Imperva]

Just in

Best Buy to implement generative AI working with Accenture, Google

Best Buy, in collaboration with Google Cloud and Accenture, has announced plans to deploy generative AI (gen AI) to enhance customer support services and assist employees.  

Intel introduces Gaudi 3 AI accelerator: Going bigger and aiming higher in AI market — AnandTech

The latest iteration of Gaudi will be launching in the third quarter of 2024, and Intel is already shipping samples to customers now, writes Ryan Smith.

Google unveils custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft — CNBC

Google is launching a custom-built Arm-based server chip that will become available later in 2024, according to the report.