Big data firm Guavus found its exit in the form an acquisition by Thales, a France-based tech supplier in the aerospace, transport, defense and security markets, for up to $215 million in cash.
Guavus, they said, will operate as a stand-alone business of Thales and continue to serve and support communications service providers.
The deal is expected to close in Q3 of 2017.
Article continues belowFounded in 2006, San Mateo, Calif.-based Guavus has raised about $132.49 million via seven funding rounds, according to Crunchbase. The VC unit of Liberty Global, a customer of Guavus’, made a strategic investment in the company in 2015.
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