Airbus: German acquisition in cybersecurity

(CercleFinance.com) - Airbus announced on Monday that it had reached an agreement to acquire Infodas, a German company specialising in the cybersecurity sector.


Based in Cologne, the company - which employs 250 people and generates annual sales of around E50m - provides services to the public sector, notably in defense and critical infrastructures.

Airbus says that this acquisition is part of its strategic ambition to strengthen its cybersecurity activities in the interests of its customers.

In view of the exponential growth in cybersecurity threats and the increasing digitisation and connectivity of its products and systems, cybersecurity has become an essential element in Airbus' development, it says.

The transaction - the financial terms of which have not been specified - is expected to be completed by the end of 2024.


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