Announced

Thales to acquire Tesserent.

Synopsis

Thales, a company that designs, develops and manufactures electrical systems, agreed to acquire Tesserent, a cybersecurity company. Financial terms were not idsclosed. “I am thrilled that, through the proposed transaction, Tesserent teams would be joining Thales, a global leader in cybersecurity. Together we will address the growing Cyber needs in our country, including those of the Australian Government and Defence sectors. I am convinced this transaction would represent a great opportunity to further grow Tesserent’s business and its people," Kurt Hansen, Tesserent CEO.

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