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Vormetric

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Last Updated: 02 July 2021

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Thales announces the closing of its acquisition of Vormetric for €375m. With the acquisition of Vormetric, Thales became the global leader in Data Protection. Data itself is now at the heart of the 21st Century business landscape; perimeter Protection is no longer sufficient. Thales protects data, wherever IT may be. Thales announces today the closing of its acquisition of Vormetric, leading provider of Data Protection solutions in physical, virtual and Cloud infrastructures, after approval by regulatory authorities. The transaction price is approximately 375 million euros. Vormetric will be progressively integrate into Thales's Cybersecurity business in order to create a global leader in Data Protection. The combination of Vormetric and Thales e-Security's activities enable organisations to protect and control their data from Data centre to Cloud, while strengthening their Security posture and meeting Data privacy Compliance. The Acquisition of Vormetric is a key differentiator for Thales's offering and accelerates the cybersecurity strategy of the Group. Patrice Caine, Chairman & CEO of Thales, state: Thales is very excited that this acquisition has now closed and welcomes Vormetric's talents as part of the family. The combination of Vormetric and Thales e-Security's expertise will create a world leader in Data Protection and reference in Cybersecurity. Today, businesses generate a rising volume of sensitive data for which Thales offers unparalleled protection solutions and services to answer most demanding clients. Thales is global technology leader for Aerospace, Transport, Defence and Security markets. With 62 000 employees in 56 countries, Thales Report sales of €14 billion in 2015. With over 22 000 engineers and researchers, Thales has unique capability to design and Deploy equipment, systems and services to meet the most complex Security Requirements. Its unique international footprint allows IT to work closely with its customers all over the world. Position as a value-added Systems integrator, equipment supplier and service provider, Thales is one of Europe's leading players in the Security market. The group's Security teams work with government agencies, local authorities and Enterprise customers to develop and Deploy integrate, resilient solutions to protect citizens, sensitive data and Critical infrastructure. Drawing on its strong cryptographic capabilities, Thales is one of the world leaders in Cybersecurity products and solutions for Critical state and military infrastructures, satellite networks and industrial and financial companies. With presence throughout the entire Security chain, Thales offers a comprehensive range of services and solutions ranging from Security consulting, intrusion detection and architecture design to System certification, development and through-life Management of products and services, and Security supervision with Security Operation Centres in France, United Kingdom, Netherlands and soon in Hong Kong. Thales e-Security is a leading global provider of digital trust Management and Data Protection solutions that protect the world's most sensitive applications and information. Thales solutions address identity and privacy related challenges with Hardware and software-base Encryption, digital signature, and Management capabilities.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

DATA PROTECTION

Vormetric Data Security Manager is the central management point for all Vormetric Data Security Platform products. DSM not only create, stores and manages Encryption keys that protect data, it also enables agencies to manage every aspect of their Vormetric Data Security Platform implementation. DSM allows administrators to specify data access policies, administer DSM users and logical domains, generate usage reports, register new hosts, access Security logs, manage third-party keys, digital certificates and more. Moreover, as organizations need Data Security Management in concert with their other infrastructure, DSM also provides integration capabilities with multiple APIs and command line interface as well as simple graphical user interface operation. The Vormetric Data Security Platform from Thales CPL is available for sale to the US Federal Government exclusively through Thales TCT.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Vormetric Transparent Encryption

With Vormetric Transparent Encryption for Efficient Storage, users no longer need to make a choice between Data Security and Storage efficiency. They can have both! Flash arrays have transformed Enterprise Storage in Data centers, offering unique characteristics that enable higher performance, efficiency, agility, and reliability. However, securing Enterprise Data with Encryption requires tradeoff with Storage efficiency-Using Encryption negates data reduction technologies like compression and deduplication. This can result in storage capacity requirements increasing as much as five times compared to those for storing unencrypted data. With Vormetric Transparent Encryption for Efficient Storage, users can have both: Transparent Data Encryption: Protects Data with Encryption without requiring changes to applications or workflows Preserves Storage capacity includes granular access control and privilege user access policies generate detailed audit logs

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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