Last week, Thales announced that it had the signature of an agreement to acquire OneWelcome, a European leader in the fast-growing market of customer identity and access management (CIAM), for a total consideration of €100 million. Thales aims to capitalize on OneWelcome’s strong cloud-native software-as-a-service (SaaS) product by extending its market footprint beyond Europe and selling it to existing Thales clients in North America and the Asia-Pacific region.

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