French aerospace and security major Thales today announced to acquire US based data analytics firm Gauvus for $215 million. The acquisition is expected to be completed by third quarter of 2017.
Headquartered in San Mateo, California, in Silicon Valley, Guavus employs 250 people, including 140 people in Gurgaon, India and 50 are based in Montreal, Canada.
The acquisition of Guavus follows several acquisitions in the fields of connectivity, mobility and cyber security, and strengthens Thales’s positioning in one of the key technologies at the heart of digital transformation, the processing and predictive analysis of “big data”, an increasingly critical factor in real- time decision-making.
Patrice Caine, Thales’s Chairman and CEO, commented: “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’s 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.”
Anukool Lakhina, founder and CEO of Guavus, added: “The opportunity to join Thales, a global high-tech giant, comes at a time when big data and their industrialised processing, especially in real time, play a key role in the digital transformation of governments, businesses and cities. All of Guavus’s teams are enthusiastic about bringing more intelligent decision-making capabilities, at key moments, to Thales customers, while continuing to enrich our offering for our worldwide customers and partners.”
Thales serves global airlines, satellite, air traffic control, metro or train operators, armed forces or security officials of large urban or energy infrastructures in terms of providing technology solutions in the areas of communication, security and real time monitoring.
Guavus’s acquisition, Thales believes, will open broad opportunities for the company in areas including predictive maintenance, cyber security, monitoring of critical infrastructures, network and telecommunication systems optimization.
Guavus, a leader in real-time big data processing and analytics, is perfectly suited to the growing needs of an increasingly connected global ecosystem. The company has built a recognised industrial “big data” platform particularly suited to real-time analytics, designed to be easily implemented across any number of new markets. In addition, by bringing the expertise of its 160 strong R&D engineering workforce, Guavus will significantly enrich Thales’s expertise in this field.
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. This represents the equivalent of analysing around 3 million feature films every day or 500 times the entire print collections of the US Library of Congress. 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.