The French government has officially offered to acquire a significant portion of Atos’ former Advanced Computing division for ā¬410 million (approximately $466 million). This move underscores the strategic importance of Atos’ high-performance computing (HPC), quantum computing, and artificial intelligence (AI) capabilities, which are integral to France’s national security infrastructure.
š«š· Strategic Acquisition for National Security
The targeted division encompasses Atos’ AI, HPC, and quantum computing units, which are crucial for applications such as nuclear deterrence and secure military communications. Employing around 2,500 individuals, this unit generated approximately ā¬570 million in revenue in 2023. The French government’s offer is based on an enterprise value, with potential performance-based earn-outs increasing the total consideration to ā¬625 million. An initial payment of ā¬150 million would be made upon the signing of the Share Purchase Agreement, contingent upon obtaining necessary regulatory approvals
š Atos’ Financial Restructuring and Strategic Shift
Atos, once a leading European tech firm, faced significant financial challenges, including nearly ā¬5 billion in debt due to prior acquisitions and restructuring efforts. In 2024, the company entered into a restructuring agreement with creditors, leading to a strategic overhaul. CEO Philippe Salle, appointed in February 2025, announced a four-year plan focusing on stabilizing operations, exiting non-core markets, and investing in AI and digital solutions. As part of this strategy, Atos has paused the sale of its Mission Critical Systems and cybersecurity assets, recognizing their growing importance amid rising military spending and geopolitical tensions .
š Ongoing Negotiations and Future Outlook
The French government’s offer for Atos’ Advanced Computing division is part of broader efforts to maintain control over critical technological assets. Discussions are ongoing, with a target to finalize the acquisition by May 31, 2025. This acquisition aligns with France’s objectives to bolster its technological sovereignty and reduce reliance on non-European IT providers.
Atos aims to achieve ā¬10 billion in revenue by 2028, with a 10% operating margin and a return to investment-grade credit. The company plans to invest ā¬500 million in research and development and ā¬100 million in startups, signaling a commitment to innovation and growth in the AI and digital sectors .
