Airbus interested in taking over Atos's cybersecurity business - report

PARIS – European aero and defence conglomerate Airbus is keen on taking up the cybersecurity enterprise of French software program firm Atos, France’s BFM TV mentioned on Thursday, citing sources with data of the matter.

Airbus mentioned it had no touch upon market rumours or hypothesis.

“As a worldwide firm we're in fixed dialogue with our companions, clients and suppliers throughout the trade – these conversations are personal in nature,” Airbus mentioned in an e-mail to Reuters.

Atos declined remark, reiterating its BDS cybersecurity enterprise was not up on the market.

By 0810 GMT, Atos shares gained 3%, having risen as a lot as 4% in early dealings.

BFM, in its report, cited one supply as saying Airbus had been wanting into a possible acquisition of Atos over the previous couple of weeks, pushed by its curiosity within the area of cybersecurity, however added that at this stage, no outright takeover was on the playing cards.

“(Airbus CEO) Guillaume Faury believes that this matter (Atos) is simply too sophisticated given Airbus’s pursuits,” BFM cited one supply as saying.

The report added that the group subsequently opted towards shopping for Atos as an entire because it had little interest in buying the French agency’s different actions.

Final month Atos mentioned its cybersecurity arm, BDS, was not on the market after sources informed Reuters that French defence firm Thales was engaged on a plan to purchase the enterprise, having approached personal fairness corporations about exploring a joint supply and break-up.

Thales mentioned on the time it will probably be keen on any cybersecurity actions that had been on sale, however that no discussions had been below means with Atos.

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