By Guillaume Bayre and Marc Navarro Gonzalez 
 

French defense and electronics company Thales SA (HO.FR) said on Tuesday that it had completed the acquisition of Guavus, the American big-data analytics company.

At the announcement of the deal in April, Thales said it would buy Guavus in a cash transaction valued at up to $215 million.

Based in San Mateo, California, Guavus employs 250 people and is expected to record $30 million in revenue this fiscal year, the French company said. The impact of the acquisition on Thales' 2017 earnings before interests and taxes should be "non material," it said.

"Combined with our expertise in other key digital technologies, the acquisition of Guavus represents a formidable accelerator of our digital strategy for all our customers, whether in aeronautics, space, railway signaling, defense or security," said Thales CEO Patrice Caine.

Write to Guillaume Bayre at gbayre@agefi.fr and Marc Navarro Gonzalez at marc.navarrogonzalez@dowjones.com