January 4, 2024 at 04:00PM
Airbus and Atos are in initial talks for Airbus to potentially acquire Atos’ Big Data and Security (BDS) business for a valuation of €1.5 to 1.8 billion. The offer is nonbinding, and discussions are ongoing. This potential sale reflects the growing need for specialized aviation cybersecurity solutions, with new regulations in the US and EU driving the adoption of cyber resilience measures.
Certainly! From the meeting notes, the key points are as follows:
– Airbus and Atos are in negotiations for a potential sale of Atos’ Big Data and Security (BDS) business.
– The offer from Airbus for the entire BDS business is valued between €1.5 to 1.8 billion.
– Airbus has been interested in Atos’ cybersecurity arm since at least March 2022.
– The aviation industry is facing increasing cybersecurity challenges, with a need for specific aircraft-related cybersecurity solutions.
– There is a growing awareness of cyber risks across the entire aviation supply chain, prompting the development of new security requirements and regulations, such as TSA’s requirements in the US and Implementing Regulation 2023/203 in the EU.
These takeaways emphasize the potential acquisition of Atos’ BDS business by Airbus, as well as the increasing focus on specific aviation cybersecurity solutions and the regulatory landscape shaping the industry’s security measures.