INTELLIGENT BRANDS // Enterprise Security

With this acquisition , Thales is taking its cybersecurity business to the next level . Imperva will enable growth in data security and Thales ’ entry into the attractive application security market .

Thales total cybersecurity business will generate more than € 2.4 billion revenues . The transaction price is based on a $ 3.6 billion enterprise value .

Imperva ’ s integration into Thales will significantly expand Thales ’ addressable market in an already fast-growing sector . The new financial targets set for Thales ’ Digital Identity and Security , DIS activity are 2024 – 2027 organic sales growth : + 6 to + 7 %,

Closing of the transaction is expected by the beginning of 2024 , upon completion of customary anti-trust and regulatory approvals .

Patrice Caine , Chairperson and Chief Executive Officer , Thales , declared : “ With this acquisition , we are seizing a unique opportunity to accelerate our cybersecurity capabilities and are taking an important step towards our ambition to build a world-class global cybersecurity integrated player , providing a comprehensive portfolio of products and services .” combining edge , application security and data security , Imperva protects companies through all stages of their digital journey .

Its comprehensive portfolio combines unique expertise and products in the fast-growing application and data security markets : Imperva offers an industry- Web Application Firewall , WAF , which prevents attacks by analysing web traffic to applications . Imperva ’ s Application Security portfolio includes industry- API Security , Advanced Bot Protection and DDoS .

Imperva ’ s Data Security platform helps enhance the visibility of a company ' s data , in order to prevent breach and avoid compliance issues . It provides Data Discovery and Classification on both structured and unstructured data , Data Security Governance , Data Access Monitoring , risk analysis powered by AI , real time risk monitoring and intrusion detection on databases , on premise and in the cloud .

Imperva has a highly recurring revenue business model and a large and diversified customer base . It serves approximately 35 % of Fortune 100 companies and some of the largest groups in financial services ,

Patrice Caine , Chairperson and Chief Executive Officer , Thales

telecommunications , energy , healthcare , retail and e-commerce .

With this acquisition , Thales will add circa $ 500 million of revenue and significantly expand its data and application security offering . The combination of Thales and Imperva ’ s operations will create a world-class global cybersecurity portfolio structured around 3 product areas :

• Identity , Thales ,

• Data security , Thales and Imperva4

• Application security , Imperva p

With over half a billion dollars in revenue on a TTM , trailing twelve months in 2022 , basis and over 1,400 employees , Imperva is a cybersecurity that protects critical applications , APIs and data anywhere at scale . With an integrated approach

www . intelligentcio . com INTELLIGENTCIO MIDDLE EAST 67