Alcatel-Lucent and defence technology firm Thales have finalised an agreement that will see the two companies working together on network security.
The agreement, first announced in May this year, sees Thales acquire a number of security activities from the France-based vendor as part of a strategic partnership designed to deliver a range of solutions to each other’s customers.
As part of the deal, financial details of which were not disclosed, A-L will transfer its cybersecurity services and communications security activities to Thales.
The company, which provides defence electronics for military infrastructure, satellite networks and industrial and financial firms, will help A-L provide its customers with end-to-end security solutions and boost its portfolio in secure networks, as part of its ongoing Shift Plan.
Last week, A-L reported a loss and falling revenues in the third quarter as it promised to move on from cost reduction to focus on innovation.
The partnership will enable Thales to expand its position within the cyber-security industry by offering complementary services through A-L products.
Speaking in May, A-L Chief Executive Michel Combes, said: “This strategic partnership with Thales illustrates Alcatel-Lucent’s strategy to reposition itself as a specialist in IP networks, cloud technologies and secured ultra broadband access.
“Cyber-security is of strategic concern to our customers, and to networks in general. By partnering with Thales for related services, we will be able to offer a comprehensive world-class expertise in network security.”
According to Thales CEO Jean-Bernard Lévy, the partnership would “allow for a shared and coherent approach to cope with cyber-security issues.”