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BRIEF-Thales acquires Guavus in the US
April 28, 2017 / 5:18 AM / in 6 months

BRIEF-Thales acquires Guavus in the US

April 28 (Reuters) - Thales SA:

* Thales acquires US company Guavus, a real-time big data analytics

* Transaction is for maximum enterprise value of $215 million, subject to achievement of significant sales growth targets

* Guavus revenues are expected to exceed $30 million for current fiscal year

* The impact of acquisition on Thales’ 2017 EBIT should be non-material

* Transaction is expected to be completed during Q3 of 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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