French giant Thales buys Israeli cyber company Imperva for USD 3.6 billion
French giant Thales is buying the Israeli cyber company Imperva for USD 3.6 billion from private equity firm, Thomas Bravo.
Cleary Gottlieb represented Thales.
Meitar represented Thoma Bravo, with Ariel Aminetzah, Dorin Pendus, Dr. Michael Bricker, Vered Lapushin and Sefi Rubin advising on the deal.
Founded in 2022, Imperva’s products help organizations protect critical applications, APIs, and data. The company’s integrated approach combining edge, application security, and data security, aims to protect companies through all stages of their digital journey.
According to Thales, this acquisition will add approximately $500 million of revenue and over 1,400 employees. Imperva is headquartered in San Mateo, California, and is headed by CEO Pam Murphy. The company has an R&D center in Israel which employs hundreds of people.
Read more in Calcalist.
