Security News > 2024 > March > Atos says Airbus flew off, no longer interested in infosec and big data biz

Atos' share price sank as much as 20 percent this morning on confirmation that Airbus is no longer interested in buying the big data and security parts of the crumbling tech empire.

Atos said at the time it had received two letters indicating interest in buying BDS, but only the aerospace corp had offered to snaffle the whole unit.

In a statement to the Paris Stock Exchange, Atos said this morning "It has been informed by Airbus that discussions related to the sale of its BDS business will not proceed."

Reg readers with more than a passing interest in the struggles of Atos may remember that a year ago Airbus was in the frame to invest in Atos at a group level but was warned off by activist investors.

The stock market reacted badly to today's confirmation of Airbus shutting down the talks, with Atos' share price slumping by a fifth.

The Eviden part of Atos was due to be spun off as a separately traded legal entity of the Paris Stock Exchange but then Airbus expressed interest in BDS. The five-year market cap high for Atos was €9.84 billion and today the business is worth €191.59 million.

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