Palo Alto – September 26, 2017 – Cooley advised Guavus on its sale to Thales – a global technology leader in the aerospace, transport, defense and security industries – for up to $215 million in cash. Cooley partner Steve Tonsfeldt led the cross-office team advising Guavus on its sale.
“The opportunity to join Thales, a global high-tech giant, comes at a time when big data and their industrialized processing, especially in real time, play a key role in the digital transformation of governments, businesses and cities,” said Guavus CEO and founder Anukool Lakhina in a news release. “All of Guavus's teams are enthusiastic about bringing more intelligent decision-making capabilities, at key moments, to Thales customers, while continuing to enrich our offering for our worldwide customers and partners.”
Founded in February 2006, Guavus helps unlock the value of machine-generated big data to improve customer experience through operational excellence. According to Thales, Guavus is perfectly suited to the growing needs of an increasingly connected global ecosystem and will significantly enrich Thales’ expertise in the field of research and development engineering.
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