Thales completes acquisition of Imperva; to create 100 jobs in India
French major Thales on Monday announced that it has completed the acquisition of Imperva, earlier than the set deadline, which will create around 100 jobs in India.
image for illustrative purpose
Bengaluru, 4 December: French major Thales on Monday announced that it has completed the acquisition of Imperva, earlier than the set deadline, which will create around 100 jobs in India.
In July, Thales has said that it would buy US cybersecurity company Imperva in a deal worth $3.6 billion as the company stepped up expansion outside its historic defence business. The acquisition was aimed at beefing up Thales’ digital identity and security (DIS) division apart from taking market share in the United States, where Imperva serves some of the biggest companies.
The profile of Thales’ Digital Identity and Security (DIS) activity will be significantly enhanced post this acquisition. It is expecting 6-7 per cent organic sales growth on the back of this acquisition.
“In India, this acquisition of Imperva will bring in around 100 employees specialising in software engineering development and customer success management to Thales. This transaction will generate significant value creation for Thales’ shareholders in line with the targets communicated in July 2023, when announcing the acquisition,” the company said in a release.
Thales has a big technology centre in India with more than 500 employees. Post this acquisition, its India centre will add more than 100 employees, based in Bengaluru and Mumbai as the integration of Imperva startsfrom January.
Recently, Thales has opened up its second technology centre in Bengaluru. It already has a centre in Noida. Thales’ engineering centre in Bengaluru is contributing to value-added services in the field of aerospace and defence that include air traffic management, complex avionics system, cockpit and flight management, radar software, connectivity systems and other related fields.
Imperva is Thales’ ninth acquisition in the digital security area over the last nine years, and the second largest in the group's history, the company said.
