Thales acquires Silicon Valley firm.

Thales Group a leading French based multinational has acquired a silicon valley firm ‘Vormetric’ this week.Thales paid $400 for this acquisition, Vormetric is a leading provider of data protection solutions in physical, virtual and cloud infrastructures.

 In an announcement  CEO Patrice Caine said; “The acquisition of Vormetric is a great opportunity to accelerate the growth of our cybersecurity activities. Combining Thales critical IT systems protection capabilities with Vormetric’s know-how in data protection will create a global leader in data security, offering comprehensive solutions for protecting enterprises against cybersecurity threats.”

 Thales is one o Europe’s leading global provider of trusted cryptographic solutions with a 40-year track record of protecting the world’s most sensitive applications and information. Because Vormetric provides systematic data protection; it will merged well with e-security activities of Thales.

Thales is one of the leading companies in the hardware security models (HMS) market, protecting highly sensitive data of around 19 to 20 worlds leading banks and technology companies.

Thales is planning to provide its clients a comprehensive suite of data protection after completing the acquisition of Vormetric. This acquisition will dramatically increase the  capabilities of Thales Cyber Security. Now they care well equipped to provide all the world’s leading companies protection against cyber criminals at the highest level.

Thales is also planning to enter the U.S market which has suffered a large number of security breaches in recent years. Sony hack is one of the biggest of recent time which the world still remembers.

A spokesman for Thales said the firm would retain Vormetric’s operation in California, but the development meant growth could occur at the firm’s Plantation campus.

Ehacking Staff
With more than 50 global partners, we are proud to count the world’s leading cybersecurity training provider. EH Academy is the brainchild of Ehacking, which has been involved in the field of training since the past Five years and continues to help in creating professional IT experts.

Most Popular

How to Install Kali Linux on VirtualBox [Windows Host] in 2020

Kali Linux is a Debian based Linux distribution, released on the 13th March 2013 as a complete rebuild of BackTrack Linux. It is one of...

Acunetix v13 Release Introduces Groundbreaking Innovations

The newest release of the Acunetix Web Vulnerability Scanner further improves performance and premieres best-of-breed technologies London, United Kingdom – February 5, 2019 – Acunetix,...

What is Ethical Hacking, how to be an Ethical Hacker

Hacking is the process of discovering vulnerabilities in a system and using these found vulnerabilities by gaining unauthorized access into the system to perform...

Basic steps to ensure security Online!

Security concerns are growing day by day due to the growing interconnectivity and technology. Drastic things can happen if you be a little careless...