Cybersecurity
Airbus Walks Away from Talks to Buy Part of Struggling French IT Firm Atos
- Airbus ended talks to buy big data, cybersecurity business
- French IT company will postpone its 2023 earnings report
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Atos SE, the legacy IT company once seen as the rising star of France’s tech industry, is facing a wall of debt — and it’s running out of options for bringing it down.
On Tuesday, Airbus SE walked away from talks to buy Atos’s big data and cybersecurity business. Atos will reschedule its earnings release, which was planned for Wednesday, and will now evaluate its next steps.