France willing to buy key Atos assets to keep them French

France has submitted a non-binding letter of intent to acquire selected Atos Big Data & Security assets (Advanced Computing, Mission-Critical Systems, and Cybersecurity Products), valued at €700 million to €1 billion, to keep strategic technologies under national control as Atos undergoes restructuring. Due diligence is beginning with a potential confirmatory offer by early June, while Atos raised its 2024–25 funding need to €1.1 billion and trimmed 2024 revenue guidance to €9.8 billion. Potential French industry participants include Dassault Aviation and Thales (with Airbus having exited prior talks), and any proceeds, expected no earlier than H2 2025, could support early repayment within the restructuring package.