Thales has completed the acquisition of Imperva, a California-based cybersecurity company, for approximately $3.6 billion.
The French aerospace, defense and security company reached an agreement to make the purchase from software investment firm Thoma Bravo in July, a transaction that was initially expected to end in the first quarter of 2024.
The addition of Imperva expands Thales’ cybersecurity portfolio. Customers will benefit from complementary services and applications that address various cybersecurity needs, including protecting sensitive data, applications and API in the cloud, on-premises, or in a hybrid environment.
“The combination of our entities’ values and our joint commitment to a future of trust will create significant synergies, business opportunities and major market innovations,” said Patrice Caine, chairman and CEO of Thales.
The combined Thales and Imperva offerings will be divided into three product areas: identity, data security and application security.
Imperva was founded in 2002. Its web application firewall blocks cyberattacks by monitoring web traffic. Meanwhile, its data security platform prevents digital breaches by increasing the visibility of a company’s data.
It is Thales’ ninth digital security company acquisition in the past nine years.
