Thales S.A. (ENXTPA:HO) entered into definitive agreement to acquire Maxive Cybersecurity from Sonae Investment Management - Software & Technology, SGPS, S.A. for €120 million on May 17, 2022. S21sec and Excellium businesses together generated 59 million euros in sales in 2021.The transaction is subject to regulatory approvals and other customary closing conditions and is expected to be completed during the second half of 2022. S21sec and Excellium businesses together generated €59 million euros in sales in 2021.

Victor Garcia,and Anuj Ralhan of Stifel Financial Corp. (NYSE:SF) acted as Financial advisor to MAXIVE CYBERSECURITY. Uría Menéndez - Proença de Carvalho acted as legal advisor to Sonae Investment Management - Software & Technology, SGPS, S.A.