[Tech] Thales aims at boosting its revenue in cybersecurity with Cisco
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PARIS French electronics group Thales aims to increase its revenues by hundreds of millions of euros in the cybersecurity field through a strategic agreement it has signed with Cisco Systems, it said on Tuesday.
"We hope that with this agreement, we will add several hundred millions of euros in the next years," said Jean-Michel Lagarde, who heads secure communications and information systems at Thales.
The jointly developed solution will be aimed first at French infrastructure providers and will then be deployed globally, Cisco and Thales said in a statement.
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