French company Thales to buy US Imperva in deal worth $3.6 billion By Reuters

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<span>© Reuters. FILE PHOTO: The logo of Thales Group is seen during a visit at the Thales radar factory in Limours, France, February 1, 2023. REUTERS/Gonzalo Fuentes</span><br />
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<p>PARIS (Reuters) -French defence electronics and cybersecurity company Thales said on Tuesday it had agreed to buy U.S. cybersecurity company Imperva in a deal worth $3.6 billion on an enterprise value basis.</p>
<p>Thales, which will be buying Imperva from software investor company Thoma Bravo, said the acquisition would result in a boost to its earnings and would add around $500 million of revenues.</p>
<p>“The acquisition of Imperva marks a major milestone in Thales’ cybersecurity strategy,” said Thales Chief Executive and Chairman Patrice Caine.</p>
<p>Thales estimated that buying Imperva would generate around $110 million of pre-tax run-rate synergies, including $50 million of cost synergies and $60 million linked to revenue synergies.</p>
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<br /><a href="https://www.investing.com/news/stock-market-news/french-company-thales-to-buy-us-imperva-in-deal-worth-36-billion-3132871">Source link </a></p><p>The post <a href="https://forextraderhub.com/french-company-thales-to-buy-us-imperva-in-deal-worth-3-6-billion-by-reuters.html">French company Thales to buy US Imperva in deal worth $3.6 billion By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>