Airbus in talks to buy 30% chunk of Atos's breakaway cybersecurity biz
Top brass at French IT supplier Atos are mulling an offer from Airbus to buy a minority stake in Evidian – the digital, security and big data unit that is scheduled to uncouple from the troubled tech biz later this year.and are now moving to a more advanced stage, though there is still no certainty that a final agreement will be reached., Atos confirmed it has received an indicative offer from Airbus to buy a 29.
Despite the flirtations, the outsourcing and tech business is not granting exclusivity to Airbus yet, and is still open to getting indications of interest from potential investors that can"support a major financial and industrial project." "Airbus' interest in becoming an anchor shareholder is an acknowledgment of Evidian's unique capabilities in an increasingly complex digital environment with heightened security challenges," said Atos chairman Bertrand Meunier.
"Through this proposed large-scale partnership, we would accelerate Evidian's industrial project and further growth while ensuring technological sovereignty in France and in Europe in the critical fields of cloud, advanced computing, cybersecurity and digitalization." There is demand for data sovereignty in the region yet even financial institutions are throwing their lot in with the big US public cloud providers, the top six of which account for almost three-quarters of public cloud spending in Europe. Atos is behind the maker of supercomputer hardware, and recently won a
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