Thales announced the signing of a definitive agreement to acquire the US company Guavus, a pioneer in real-time Big Data analytics. This transaction is for a maximum enterprise value of USD 215 million. It is subject to regulatory approvals and other customary closing conditions and is expected to be completed during the third quarter of 2017.
Guavus’s acquisition opens broad opportunities for Thales in areas including predictive maintenance, cyber security, monitoring of critical infrastructures, network and telecommunication systems optimization.
Founded in 2006, Guavus has focused on the telecommunication and cable network operators’ market, and analyses more than 5 petabytes (5,000 terabytes) of data for its customers every single day. The company supports more than 20 major operators around the world, including the 5 largest North-American mobile operators (AT&T, Rogers, Sprint, T-Mobile and Verizon), 4 out of the top 5 Internet backbone carriers, and 7 out of the top 8 cable operators.
Headquartered in San Mateo, California, in Silicon Valley, the company employs 250 people, of which 50 are based in Montreal (Canada) and 140 in Gurgaon (India).
The Company’s revenues are expected to exceed USD 30 million for the current fiscal year. The impact of this acquisition on Thales’s 2017 EBIT should be non-material.
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