March 19, 2024 at 05:45PM The potential purchase would have enhanced Airbus’ ability to combat increasing cyber threats within the aviation and aerospace sector. After reviewing the meeting notes, it is clear that the purchase would have provided Airbus with enhanced capabilities to tackle the escalating cyber threats within the aviation and aerospace industry. Full … Read more
March 19, 2024 at 10:45AM Atos’ shares plunged by over 21% after Airbus decided not to proceed with acquiring its cybersecurity business, part of Atos’ debt repayment strategy. This is the second recent deal to collapse for Atos. The company is now assessing alternative options. Airbus’ interest in Atos’ cybersecurity unit emerged in 2022, with … Read more
February 5, 2024 at 06:06PM Pen Test Partners discovered a security issue in the Flysmart+ suite of applications for pilot electronic flight bags developed by Airbus-owned Navblue. The iOS app had an important security feature disabled, making it vulnerable to potential attacks, which could have resulted in severe consequences for aircraft safety. Airbus confirmed the … Read more
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 … Read more
January 4, 2024 at 10:13AM Airbus is considering acquiring Atos’ cybersecurity unit for up to $2 billion. Atos announced the potential sale of its Big Data and Security (BDS) business and plans to enter a due diligence phase after receiving an offer valuing BDS between €1.5 billion and €1.8 billion. Airbus aims to enhance its … Read more
January 3, 2024 at 10:52AM Atos is in talks with Airbus to sell its tech security division to ease financial burdens. Airbus is expected to offer €1.5-1.8 billion and aims to grow its cybersecurity arm. Atos is considering major asset disposals to meet its maturing debts. The sale of business assets signals a change in … Read more