🚀 Thales Dives into App Security Pool: $3.6B Splash for Imperva? 💸🔒
TL:DR; Thales, the French aerospace mammoth, is throwing $3.6 billion into the app security piggy bank, snapping up Imperva. They’re expanding their cybersecurity roster BIG time! 🛡️💼
When you think Thales, do you think, “Oh, that aerospace and defense mega-corp from France?” Well, now you might start adding, “…who’s also about to rule the app security world?” to that thought. Yep, they’re acquiring Imperva for a cool $3.6 billion. 💰
Remember when Thoma Bravo, that private equity behemoth, scooped up Imperva for $2.1 billion and made it their private darling? That was just four years ago. And, fun fact: before Thoma Bravo’s takeover, Imperva had its name glittering on the New York Stock Exchange for eight straight years. 📈
For those still catching up on their cybersecurity trading cards, Imperva has been in the game since 2002, and their roster includes some heavy hitters: web application firewalls, API security, DDoS defense, and more. Feeling safer already? 🤓🔥
But wait, this isn’t Thales’ first rodeo in the cybersecurity arena. Flashback to 2017: they forked out $5.5 billion (I know, right?) for Gemalto, the champs of digital ID and data protection. Add in some recent procurements like Excellium and S21SEC, and you get the picture. Oh, and let’s not forget that they’re eyeing the Australian cybersecurity startup, Tesserent, for $176 million (AUD). 🌏
So, with Imperva on their team, what’s the game plan? Enter: the app security market. Thales ain’t just playing, they’re setting up camp. 🏕️
Thales’ CEO Patrice Caine might as well have dropped a mic after saying they’re on track to become a “world-class global cybersecurity integrated player.” Whoa, right? But there’s more: with this new addition, they’re eyeing revenues surpassing €2.4 billion ($2.65 billion), thanks to Imperva adding $500 million to that sum. 🎤
Now for the million-dollar question (or should I say 3.6 billion-dollar?): Will Thales successfully become the cybersecurity kingpin they aim to be, especially after this mega-deal? ⏳
And now, my curious reader, it’s time for you to answer the burning question: With Thales stepping up their game, how do you see the cybersecurity industry evolving? 🤔🌐
