Thales symptoms an arrangement with Sonae Expense Management to get S21sec and Excellium, reinforcing its cybersecurity actions

  • S21sec and Excellium are two important gamers in cybersecurity consulting, integration and managed providers in Europe
  • With this acquisition, Thales accelerates its cybersecurity improvement roadmap and expands its footprint in Spain, Portugal, Luxembourg and Belgium
  • S21sec and Excellium employ 546 persons and generated income of 59 million euros in 2021.

Thales (Euronext Paris: HO) announces these days the signature of a definitive arrangement with Sonae Expenditure Administration to acquire two of European top cybersecurity companies, S21sec and Excellium, collected under the keeping enterprise Maxive Cybersecurity.

This acquisition will enhance Thales’ cybersecurity portfolio, strengthening its incident detection and reaction providers (Protection Functions Centre – SOC) as very well as consulting, audit and integration products and services.

It will deliver an considerable industrial know-how and a good, diversified shopper base of industrial companies and significant infrastructure suppliers, including in the money companies, government and general public solutions, which accounted for far more than 50% of its earnings in 2021.

With 75% of staff at 9 web sites in Spain and Portugal, and 25% in Luxembourg and Belgium, it will also materially broaden Thales’s European cybersecurity footprint, building on the companies’ robust historical past of innovation and leadership in cybersecurity.

With 546 staff members, S21sec and Excellium organizations jointly generated 59 million euros in gross sales in 2021.

The acquisition, for an organization worth of 120 million euros, is an crucial action ahead for Thales in the hugely dynamic industry for cybersecurity consulting and managed companies, which anticipates sizeable progress concerning 2020 and 2025.

As a world-wide leader in cybersecurity, Thales is involved at every single stage of the cyber value chain, giving answers ranging from possibility evaluation to defense of critical infrastructure, supported by complete risk detection and reaction abilities. Its give is constructed about 3 family members of goods and services, which produced a lot more than €1bn in gross sales in 2021:

  • Cybels answers portfolio, a finish suite of cybersecurity solutions including risk evaluation, teaching and simulation, and cyberattack detection and response
  • Sovereign goods which includes encryptors and sensors to protect essential information and facts units
  • The CipherTrust Details Protection Platform, the SafeNet Trustworthy Accessibility Identification & Obtain Administration as a assistance alternative, and the broader cloud protection & licensing offerings

In 2022, Thales options to hire 11,000 individuals around the world, including 1,000 in cybersecurity.

The transaction is subject matter to regulatory approvals and other customary closing problems and is expected to be done during the second 50 percent of 2022.

“Soon after the thriving acquisitions of Vormetric in 2016 and Gemalto in 2019 that represented a phase adjust in Thales’ data stability and encryption skills, the acquisition of S21sec and Excellium consolidates our management in cybersecurity consulting and managed expert services. We are delighted to welcome the S21sec and Excellium expert groups as aspect of our rapid-developing cybersecurity teams. Together, we will be equipped to deliver options that deliver at any time higher effectiveness to our shoppers”. Marc Darmon, EVP Thales, Secure Communications & Data Programs

“As the the greater part shareholder of the enterprise, we have served Maxive Cybersecurity much more than triple its annually revenues, creating on its background of innovation and specialization and supporting it grow to be a single of Europe’s primary MSSP corporations. The acquisition by Thales is the recognition of this remarkable operate performed by the full staff and the logical future step in Maxive’s journey. We are self-assured it will be a excellent opportunity to further grow Maxive’s company and folks.” Carlos Alberto Silva, Taking care of Lover at Sonae Expenditure Management.