12 Sep '17, 10am

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, Thal...

Full article: https://www.thalesgroup.com/en/worldwide/security/press-r...

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