Global aerospace and defence services provider Thales has announced its acquisition of the US-based tech firm Guavus, which is into big data analytics.
With a total employee strength of 250, the California firm has 140 employees based out of Gurugram, India.
Big data platform“The acquisition of Guavus represents a tremendous accelerator of our digital strategy for the benefit of all our customers, whether in aeronautics, space, rail signalling, defence or security,” said Patrice Caine, Chairman and CEO, Thales, in a statement.
Thales plans to leverage Guavus’ industrial big data platform designed to be implemented across new markets. The company has built a recognised industrial ‘big data’ platform, particularly adapted to real-time analytics.
Guavus provides big data analytics applications for planning, operations, and IOT. These applications bring together computer science, data science and domain science to provide real-time analytics.
Strategic tie-upsThe business, which will be assigned to Thales’ Defence and Security operating segment, will help the company address the growing needs of a connected global ecosystem.
Recognising the pace of innovation, especially in digital technologies such as big data, machine learning and artificial intelligence, the company has said it is critical to partner with leading universities. Thales Australia, the aerospace and security major, has teamed up with the University of Sydney to work together over the next five years to develop new technologies and capabilities.
Under the terms of the agreement, the partners will initially work on research activities within the Faculty of Engineering and Information Technologies, in areas of autonomous systems, artificial intelligence, data analytics, advanced sensing and processing, and materials science.
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