The acquisition will see Thales expand its product offering outside its defence business. Credit: viewimage.

French multinational, Thales, has announced it will buy US cybersecurity company Imperva from Thoma Bravo in a deal worth $3.6bn.

The acquisition will enable Thales to enter into the lucrative application security market, a rapidly advancing industry centered on security solutions to cyber-threats to computer applications and software.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Imperva offers a range of cybersecurity applications including a unique multi-cloud platform that protects systems from several types of malware. Enterprise data breaches are on the rise.

In a report from July 2023, Thales found that over a third of business had experienced a data breach to their cloud environment in 2023, an increase of 35% from 2022.

The acquisition will see Thales’ total cybersecurity business generate over $2bn in revenue, according to Thoma Bravo. The acquisition is expected to generate significant value for its shareholders with $110mn of run rate cost and revenue synergies.

Thales now expects its target market to expand. New financial targets for Thales’ Digital Identity and Security include organic sales growth of 6 to 7% from 2024-2027.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The transaction is expected to be closed by the beginning of 2024.

“The acquisition of Imperva marks a major milestone in Thales’ cybersecurity strategy,” said Patrice Caine, chairman and CEO of Thales.

“We look forward to welcoming Imperva to Thales to further enhance our cybersecurity solutions, and help customers address their most important digital security challenges,” Caine added.

“Today’s announcement represents an exciting new chapter for Imperva, one that will further our mission to help organisations protect data and all paths to it,” Pam Murphy, CEO of Imperva said.

“We admire Thales’ vision and culture, and believe that, together, we can deliver greater product innovation and efficiency through disruptive solutions, while helping to simplify the greatest security challenges facing organizations today,” Murphy said.