Thales – Thales completes the acquisition of Imperva, creating a global leader in cybersecurity

THALES COMPLETES THE ACQUISITION OF IMPERVA, CREATING A GLOBAL LEADER IN CYBERSECURITY

• With the integration of Imperva starting in January, Thales will help organizations discover and protect sensitive data anywhere, manage access and secure all paths to it
• North America is now the second largest country of operations for Thales
• Imperva is Thales’ ninth acquisition in the digital security area over the last nine years, and the second largest in the Group’s history after Gemalto

MEUDON — [4 December 2023] — Thales (Euronext Paris: HO) announces today that it has completed the acquisition of Imperva, earlier than expected (previously foreseen at the beginning of 2024). This is a key milestone for Thales, creating a global leader in cybersecurity, with more than 5,800 cybersecurity experts across 68 countries and €2.4bn in cybersecurity revenue expected in 2024, including civil and defence activities, with double-digit growth expected thereafter. This transaction will generate significant value creation for Thales’ shareholders in line with the targets communicated in July 2023, when announcing the acquisition. In addition, the profile of Thales’ Digital Identity and Security (DIS) activity will be significantly enhanced with new financial targets by 2027 (2024-2027 organic sales growth of +6 to +7% and 2027 EBIT margin at 16.5%).

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