Since its acquisition by Thales Group in 2023, Tesserent has clearly undergone a period of substantial strategic realignment. Under Thales’ leadership, the business appears more focused and better integrated into a global cybersecurity mission — with encouraging signs of renewed operational discipline.As part of this process, several executive roles were restructured, and a number of former personnel have since taken up positions at other cybersecurity firms, including Excite Cyber. Such transitions are common during post-acquisition reshuffles, especially when performance expectations are realigned to global standards.Financial Performance Snapshot – Thales (Tesserent Parent Company)In 2024, Thales reported an order intake of €25.3 billion, up 9% year-over-year.Sales grew to €20.6 billion, an 11.7% increase from the previous year.The Defence & Security segment, which includes cyber, recorded €8.95 billion in orders, showing strong momentum.(Source: Thales 2024 Results)This performance suggests that the internal clean-up and renewed focus on capability and leadership within Tesserent is already delivering tangible results — setting a solid foundation for Thales to expand its cyber footprint in the region.
ATR Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
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