Thales closes acquisition of important cybersecurity players Excellium and S21sec

Paris, 11 October 2022.- Thales (Euronext Paris: HO), a global recognized player in advanced technologies and cybersecurity, has completed the acquisition of two European cybersecurity companies, S21sec (in Spain and Portugal) and Excellium (in Belgium and Luxembourg), gathered under the holding company Maxive Cybersecurity, following signature of an agreement with Sonae Investment Management announced in May 2022.

In Luxembourg and Belgium, the integration of Excellium, well known player in security of information systems in its domestic markets, will strengthen Thales’ local presence and generate new growth opportunities with a strike force of 160 high-level experts in a context of growing cyberthreats.

In Iberia, with 405 employees on 9 sites in Spain and Portugal, S21sec, together with Excellium, will leverage Thales’ recognized Cyber Solutions business and international footprint to enrich its offer.

With more than €1bn in sales generated in 2021 through an extensive cyber portfolio, Thales is involved at every step of the cyber value chain, offering solutions ranging from risk assessment to protection of critical infrastructure, supported by comprehensive threat detection and response capabilities.

"Excellium and S21sec strengthen Thales' cybersecurity leadership in the highly dynamic market for cybersecurity consulting and managed services", commented Pierre-Yves Jolivet,Vice President Cyberdefense Solutions, Thales "We intend to build on Excellium and S21sec’s strong history of innovation to add value to Thales' cyber solutions offering, while ensuring Excellium and S21sec customers benefit from long-term continuity, enhanced service capabilities and high-performance solutions."

To support its growth in this field, Thales plans to hire 1,000 experts in cybersecurity in 2022.