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French Vendor's QShield Offering Protects Edge Systems From Reverse EngineeringAircraft manufacturer Airbus plans to acquire 100-person French cybersecurity vendor Quarkslab to strengthen sovereign European defenses by protecting aerospace and defense software, data and edge systems from AI-driven reverse engineering and exploitation.
French Ministry Says Talks Are Ongoing to Acquire Cybersecurity UnitFrench IT consultancy Atos on Tuesday announced the sale of a power grid consulting and engineer services unit days after some French lawmakers pushed for nationalizing the beleaguered company. The French government considers the company strategically important.
Parties Vow to Continue NegotiationsTime ran out for a non-binding takeover bid from the French government for the cybersecurity business of beleaguered Parisian IT consultancy Atos. Among the world's largest manage security service providers, the financially-struggling firm is strategically important to the French government.
Atos Received a Letter of Intent From French Finance Minister Bruno Le MaireThe French government could acquire a loss-making cybersecurity unit and other critical assets of Paris IT consultancy firm Atos after previous bids by competing firms fell through. Atos employs about 4,000 people and is strategically important to the French government.
Atos Share Plunges Further Following the Failed BidEuropean aerospace giant Airbus called off Tuesday a multi-billion euro plan to acquire a cybersecurity unit of French IT consultancy firm Atos. Share values of the cash-strapped Atos fell approximately 20% by the end of the trading day. Airbus rose by nearly 1%.
Joint Hornetsecurity-Vade Will Have More Geographic Reach, Microsoft 365 ProtectionHornetsecurity purchased French email security vendor Vade to expand its geographic footprint and protection capabilities around Microsoft 365 for small and midsized businesses. The acquisition of Vade will allow the joint company to have a strong presence in Europe's two most important markets.