10 Cybersecurity Companies Making Moves: July 2023
We’re taking a look at some of the cybersecurity companies that launched new products and partner programs, unveiled acquisitions or made key executive hires in July.
Imperva said in July it has reached an agreement to be acquired by defense and aerospace company Thales for $3.6 billion. The application and data security vendor is being sold by its private equity owner, Thoma Bravo.
In a news release, Thales said that it will add about $500 million in revenue and “significantly expand its data and application security offering” with the addition of Imperva. The acquisition is expected to close “by the beginning of 2024,” Thales said.
A longtime player in application security categories such as web application firewall and DDoS protection, Imperva has expanded in recent years into emerging segments of the market, such as API security, while also bringing a growing focus on other related categories such as data security.