French IT services provider Atos has entered talks with Airbus to sell its tech security division in an effort to ease its financial burdens.
In a market update this morning, Atos Group said it received two letters indicating non-binding interest in its Big Data & Security (BDS) division, but said only Airbus offered to buy the entire business unit.
The aerospace giant is expected to offer between €1.5-1.8 billion ($1.6-1.96 billion) for BDS and has long publicized its aspiration to grow the cybersecurity arm – a goal it reaffirmed to The Register today.
