Key Points
· Thales announces the closing of its acquisition of Vormetric for €375m.
· With the acquisition of Vormetric, Thales becomes a global leader in data protection.
· Data itself is now at the heart of the 21st Century business landscape; perimeter protection is no longer sufficient. Thales protects data, wherever it may be.
Paris, France: Thales (Euronext Paris: HO) has announced the closing of its acquisition of Vormetric, a leading provider of data protection solutions in physical, virtual and cloud infrastructures, after approval by the regulatory authorities. The transaction price is approximately 375 million euros. Vormetric will be progressively integrated into Thales’s cybersecurity business in order to create a global leader in data protection.
- Debi Christie
- InfoSecurity
- Posted On




