March 26, 2024 at 12:48PM
Airbus Defence and Space acquires Germany-based cybersecurity firm Infodas to strengthen its cybersecurity portfolio. Infodas provides Secure Domain Transition (SDoT) security gateway appliances and other IT solutions, serving companies and government organizations. The deal’s financial terms have not been disclosed, and it is expected to be finalized by the end of 2024. This follows Airbus’s withdrawal from a potential deal to purchase Atos’ Big Data and Security business.
Key takeaways from the meeting notes are as follows:
– Airbus Defence and Space is acquiring Infodas, a Germany-based company specializing in cybersecurity and IT solutions. The acquisition is expected to strengthen Airbus’ cybersecurity portfolio.
– The financial terms of the acquisition have not been disclosed, but it may be significant given that Infodas has an annual revenue of €50 million ($54 million). The deal is anticipated to be finalized by the end of 2024.
– Infodas provides Secure Domain Transition (SDoT) security gateway appliances, information security management systems (ISMS), patch management solutions, as well as penetration testing and consulting services.
– Infodas is certified by Germany’s Federal Office for Information Security (BSI) for auditing, consulting, and penetration testing services, and its SDoT product is approved for classification levels up to ‘secret’.
– This announcement comes shortly after Airbus withdrew from a deal to purchase Atos’ Big Data and Security (BDS) business, indicating recent M&A activity in the cybersecurity sector.