ATOS – The Jewel of the Crown in France – determines an offer worth $ 468 million to acquire the strategic high computer department
The company said on Monday that the French country made a offer of 410 million euros (468 million dollars) to acquire a strategic department for ATOS strategic company, which includes giant computers used in nuclear deterrence.
ATOS, the partner of the Olympic Games that also has contracts with the French army, sought to sell assets as part of the restructuring plan to reduce the debt burden.
The company said it had received an offer from the state for advanced computing work.
Finance Minister Eric Lombard said in a separate statement that this offer is “a big step towards securing the activities of the high strategic computing.”
He said: “The state has the responsibility of the state, when needed, to ensure the continuity and development of the most strategic industrial capabilities in the country.”
The government’s offer has changed since the two sides have entered exclusive talks in November. It no longer includes artificial artificial video analyzes, ATOS, Vision AI.
“I hope to conclude this acquisition as quickly as possible to secure the future of these critical activities of France,” said Lombard.
The advanced computing department, which employs more than 2,500 people in France, is developing high -performance servers and super computers with critical defensive and industrial applications.
ATOS expects the unit to generate approximately 800 million euros of revenue in 2025.
A binding agreement is expected in the coming weeks, with the deal closed in 2026.
This story was originally shown on Fortune.com