Thales Group, a longtime securer of virtualized systems and a provider of data protection to the financial services, manufacturing, government and technology sectors, revealed April 27 that it will acquire new-gen analytics provider Guavus for $215 million in cash.
The acquisition is expected to close in Q3 2017.
San Mateo, Calif.-based Guavus develops machine intelligent, big-data analytics platforms that Thales requires to remain competitive in the current analytics-obsessed IT market.
Guavus' machine intelligent operational analytics platform enables large organizations to upgrade their operations by delivering differentiated customer experiences and achieving the enormous scale required in emerging IoT applications. Using its expertise in machine intelligence, streaming analytics and big data technologies, Guavus said its deployments ingest and analyze about five petabytes of data per day.
In addition to security, Thales recently has morphed into the real-time enterprise and IoT data management business.
Airlines, satellite, air traffic control, metro or train operators, armed forces or security officials of large urban or energy infrastructures currently use Thales' solutions to make decisions in real time. Due to exponential growth in the volume of data coming from increasingly numbers of sensors and videocams, the acquisition of Guavus' operational analytics will open new opportunities for Thales in areas including predictive maintenance, cyber security, monitoring of critical infrastructures, network and telecom systems optimization.
"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 our customers," said Thales Chairman and CEO Patrice Caine. "The application to Thales's core businesses of Guavus' technologies and expertise in big data analytics will strengthen our ability to support the digital transformation of our customers, whether in aeronautics, space, rail signaling, defense or security."
Eleven-year-old Guavus supports the critical operational infrastructure for large communication service providers around the world, including the five largest North-American mobile operators, four of the top five Internet backbone carriers in the world and seven of the top eight North American cable operators.
Thales employs 64,000 people in 56 countries and reported sales of €14.9 billion in 2016. With more than 25,000 engineers and researchers, Thales has the capability to design and deploy equipment, systems and services to meet the most complex security requirements.
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