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An acquisition agreement between an IT and cyber security firm and multinational aerospace company Airbus is set to see the latter bolster its portfolio and prepare for a future where better critical infrastructure security is a necessity.
Airbus Defence and Space will acquire German cyber security and IT firm INFODAS, as per a new agreement which is set to be finalised before the end of year, depending on regulatory approvals.
INFODAS specialises in IT and cyber security solutions for the public sector, such as critical infrastructures and defence, making it an ideal acquisition for Airbus to reinforce its portfolio and deliver new solutions to its existing customer base.
With roughly 250 employees, headquarters in Cologne, Berlin, Bonn, Hamburg, Munich and Mainz, and annual revenues of roughly €50 million, INFODAS is a strong, well-established organisation, and with Federal Office for Information Security (BSI) certification and its SDoT Security Gateway products approved for classification levels up to secret, it provides ideal offerings for Airbus’ space and defence customer base.
The latest acquisition agreement builds on Airbus’ push to strengthen its cyber security portfolio “for the benefit of its European and global customers”, the company said.
“With exponential cyber threats, along with the increasing digitalisation and connectivity of its products and systems, cyber security is a pivotal component of Airbus’ development.
“Over the last years, the group has continuously developed its cyber security capabilities and expertise, ensuring the best possible protection for its products, operations, customers, and ecosystem, including major programs such as the Future Combat Air System (FCAS).”
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