Big data analytics vendor Guavus has signed a definitive merger agreement under which Thales (Euronext Paris:HO), a global technology provider for the aerospace, transport, defence and security markets, will acquire Guavus in a cash transaction valued at up to $215 million. The completion of the acquisition is subject to customary conditions and regulatory approvals and is expected to close in the third quarter of 2017.
The acquisition of Guavus' operational analytics is intended to provide opportunities for Thales in areas including predictive maintenance, cyber security, monitoring of critical infrastructures, network and telecom systems optimization. Guavus will operate as a standalone business of Thales, continuing to serve communication service providers worldwide.
Patrice Caine, Thales' chairman and CEO, said: "Combined with our established expertise in other key digital technologies, the acquisition of Guavus represents a tremendous accelerator of our digital strategy for the benefit of our customers. The application to Thales's core businesses of Guavus' technologies and expertise in big data analytics will strengthen our ability to support the digital transformation of our customers, whether in aeronautics, space, rail signaling, defense or security."
"We look forward to joining Thales and serving new customers in new markets around the globe," said Anukool Lakhina, founder and CEO of Guavus. "Guavus' widely deployed Machine Intelligent, big data operational analytics platform transforms the quality, efficiency, scale and security with which our customers can deliver their services, making our platform a critical enabler of digital transformation."
Guavus today supports the operational infrastructure for communication service providers around the world, including the five largest North-American mobile operators, four of the top five Internet backbone carriers in the world, and seven of the top eight North American cable operators. Guavus' deployments ingest and analyze 5 petabytes of data per day.
