Paris La Défense, 12 September 2017
Thales completes the acquisition of Guavus, one of the pioneers of real-time big data analytics
Thales (Euronext Paris: HO) announces today the closing of the acquisition of US company Guavus, a pioneer in real-time Big Data analytics.
Guavus is perfectly suited to help Thales address the growing needs of an increasingly connected global ecosystem. The company has built a recognised industrial “big data” platform particularly adapted to real-time analytics and designed to be easily implemented across any number of new markets.
Headquartered in San Mateo, California, in the Silicon valley, the company employs 250 people, of which 60 are based in California, 50 in Montreal (Canada) and 140 in Gurgaon (India). Its revenues are expected to exceed US$30 million for the current fiscal year. The impact of this acquisition on Thales’s 2017 EBIT should be non-material. This business will be assigned to the Defence & Security operating segment.
Thanks to this acquisition, Thales strengthens its positioning in one of the key technologies at the heart of digital transformation of its customers.
Patrice Caine, Thales’s Chairman and CEO, commented: “Thales is very excited that this acquisition has now closed and welcomes Guavus’s talents as part of its family. Combined with our established expertise in other key digital technologies, the acquisition of Guavus represents a tremendous accelerator of our digital strategy for the benefit of all our customers, whether in aeronautics, space, rail signaling, defense or security.”
Thales, Media Relations
+33 (0)1 57 77 86 26 email@example.com
Bertrand Delcaire +33 (0)1 57 77 89 02 firstname.lastname@example.org
Thales is a global technology leader for the Aerospace, Transport, Defence
and Security markets. With 64,000 employees in 56 countries, Thales reported sales of €14.9 billion in 2016. With over 32,000 engineers and researchers, Thales has a unique capability to design and deploy equipment, systems and services to meet the most complex security requirements. Its exceptional international footprint allows it to work closely with its customers all over the world.
COMMUNICATIONS DEPARTMENT – Thales – Tour Carpe Diem – 92080 Paris La Défense – France
Tel.: +33 (0)1 57 77 86 26 – www.thalesgroup.com 1