Airbus abandons acquisition of Atos unit, €1.8B dollar deal called off
Atos' Big Data & Cybersecurity (BDS) business unit will not be sold to Airbus. After lengthy negotiations, the aircraft maker is again refraining from a takeover.
The French government was strongly in favour of the proposed deal. Because the French state is the largest Airbus shareholder, it... Read more
French state wants to retain Atos at all costs
The French state wants to retain the strategic activities of Atos by "all possible means". This was stated by French Finance Minister Bruno Le Maire in a recent interview with French newspaper Les Echos.
According to French Minister Le Maire, the state wants to guarantee that the strategic activ... Read more
Atos can possibly sell cybersecurity division to Airbus
Atos plans to divest and sell its big data and cybersecurity business. One possible candidate buyer is aircraft manufacturer Airbus, according to a recent market update from the company.
Atos has been restructuring its operations and trying to split up the company for the past two years. This is... Read more
VDL and Airbus develop laser communication equipment
Netherlands-based industrial concern VDL and aircraft manufacturer Airbus are collaborating on laser communication equipment. Joint solutions will enable satellites, aircraft and ground stations to safely exchange large amounts of data.
The first step is building a so-called UltraAir terminal. V... Read more
‘Airbus shows interest in minority share of Atos’s Evidian’
Shares in French IT giant Atos rose on Monday after newspaper Les Echos reported that Airbus had initiated exploratory talks to acquire a minority stake in the company’s cybersecurity unit.
The newspaper cited anonymous sources. In an email statement, Airbus said it would not comment on specu... Read more
Airbus wants to prevent delayed flights with artificial intelligence
Airbus uses Artificial Intelligence (AI) and the cloud to solve various aviation problems. That's what Adam Bonnifield, vice president of artificial intelligence at the company, said at the VentureBeat 2018 Summit. "The price of using these technologies has fallen sharply, thanks to the explosion in... Read more