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Amsterdam, The Netherlands — Airbus SE, a global leader in aerospace, announced Tuesday it stopped any discussions with ATOS regarding the potential acquisition of ATOS’ BDS business line, where BDS stands for Big Data and Security.

At the beginning of the year, Atos had said it had received two letters indicating non-binding interest in its BDS business, one of which relates only to part of BDS’s perimeter.

The company will open a due diligence phase with Airbus, whose indicative offer of an enterprise value of €1.5 to €1.8 billion relates to the entire BDS perimeter.

Update: Airbus Puts Up Zu As Board Member

By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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