Vormetric to Be Acquired by Thales for $400 Million

On October 19, 2015, Thales, a global provider of high performance encryption and digital signature technology, announced that it has signed a definitive agreement to acquire Vormetric, a leading provider of data protection solutions in physical, virtual, and cloud infrastructures, for $400 million. Wilson Sonsini Goodrich & Rosati advised Vormetric in the transaction.

According to a Thales press release, the acquisition of Vormetric will further extend its cybersecurity capabilities and will offer its customers a comprehensive data protection suite of solutions for protecting enterprises against cybersecurity threats at the highest levels of assurance.

The transaction is subject to customary closing conditions and expected to close during the first quarter of 2016.

The WSGR team advising Vormetric includes:

Bob Day
Denny Kwon
Lane Verlenden
Andy Gillman
Jennifer Sayles

Mark Fitzgerald
Josephine Aiello LeBeau
Don Vieira
Mark Bass
Larry Perrone
Anne Seymour

Employee Benefits & Compensation
Dave Thomas
Michelle Wallin
Cisco Palao-Ricketts
Austin Holt

Technology Transactions
Parag Gheewala
Chi-Fei Wang
Dustin Marlan
Michelle Ma

Eileen Marshall
Myra Sutanto Shen

Employment Law
Rebecca Stuart

For more information, please see the press release announcing the transaction.