Airbus, the French aircraft manufacturer, and Atos, the French technology company, have issued a statement canceling their previously agreed upon plan to sell the BDS (Big Data and Security) business unit to Airbus.
After carefully considering various aspects of the BDS business acquisition from Atos, Airbus has decided to terminate the negotiations. Atos, on the other hand, has been notified by Airbus and is currently assessing the impact and exploring alternative options.
Analysts speculate that one factor leading to Airbus’ decision to cancel the deal is the primary clientele of the BDS business, which includes French government security agencies, posing multiple risks for Airbus.
Source: Reuters
TLDR: Airbus and Atos have scrapped their deal for Airbus to purchase the BDS business unit, citing potential risks associated with the primary clientele being French government security agencies.
Leave a Comment