Guavus Sells to Thales
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.
About Cooley LLP
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.
Cooley has 900 lawyers across 12 offices in the United States, China and Europe.
Related contacts
This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.