Thales to boost ANZ presence with acquisition of Daltrey investor Tesserent

Thales has reached an agreement with Australian cybersecurity vendor Tesserent to acquire all of its shares, in a bid to increase the biometrics and digital identity giant’s footprint in Australia and New Zealand.

Under the binding Scheme Implementation Deed (SID), Thales would pay AU$0.13 (approximately US$0.09) per share, which gives Tesserent an AU$176 million ($119 million) valuation.

Tesserent provides a wide variety of digital security services, including penetration testing, vulnerability management and incident response services, physical access control and video …

acquisition acquisitions australia biometrics biometrics news cybersecurity cybersecurity vendor digital digital-identity giant identity implementation new zealand pay share sid tesserent thales trade notes under vendor