Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Funding/M&A

Airbus Offering to Buy Atos Cybersecurity Unit for Up to $2 Billion

French aerospace giant Airbus could acquire Atos’ cybersecurity unit for up to $2 billion, but discussions are at a preliminary stage.

Airbus

French aerospace giant Airbus could acquire Atos’ cybersecurity unit for up to $2 billion, the IT company announced on Wednesday. 

The possible sale of its Big Data and Security (BDS) business was announced by Atos in a market update outlining its strategy for repaying and refinancing financial debts. 

The potential deal is at a preliminary stage, but Atos said it will initiate a due diligence phase after receiving an offer valuing BDS between €1.5 billion ($1.64 billion) and €1.8 billion ($1.97 billion).

Atos shares fell after the company made the announcement. 

The first rumors of Airbus being interested in Atos’ cybersecurity business emerged in March 2022. Nearly one year later, Airbus made a bid for a 30% stake in the Atos’ Evidian security business, which would later become Eviden. Some shareholders expressed opposition and the plan was dropped. 

The Eviden brand now includes BDS as well as Atos’ cloud computing business. 

In a statement, Airbus said, “The acquisition of BDS could significantly accelerate the digital transformation of Airbus, enhance the company’s defence and security portfolio with strong capabilities in cyber, advanced computing and artificial intelligence.”

Related: Airbus Launches Investigation After Hacker Leaks Data

Advertisement. Scroll to continue reading.

Related: Cybersecurity M&A Roundup: 25 Deals Announced in December 2023

Related: SentinelOne Snaps Up Seed-Stage CNAPP Startup PingSafe

Related: SonicWall Buys Banyan Security for ZTNA Technology

Written By

Eduard Kovacs (@EduardKovacs) is a managing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Learn about active threats targeting common cloud deployments and what security teams can do to mitigate them.

Register

Join us for an in depth exploration of the critical nature of software and vendor supply chain security issues with a focus on understanding how attacks against identity infrastructure come with major cascading effects.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Funding/M&A

Thirty-five cybersecurity-related M&A deals were announced in February 2023

Funding/M&A

Forty-one cybersecurity-related M&A deals were announced in March 2023.

Funding/M&A

Forty cybersecurity-related M&A deals were announced in January 2023.