Takeover of Atos cybersecurity activities: Onepoint persists

Digital services company Onepoint persists. While his offer to buy Atos cybersecurity activities was rejected at the end of September, David Layani, the president of Onepoint, continues to defend his project, which he wants to be able to present to the executive committee as well as to the employees concerned.

“This is a unique opportunity to build a great French digital champion,” he said on Tuesday on BFM Business. “A mark of interest (…) which is not in the interest of the company”, had noted on the contrary a few days ago the board of directors of Atos, chaired by Bertrand Meunier.

Valuation of cybersecurity and big data activities at 4.2 billion euros

Unveiled last week, the offer of Onepoint, associated with the investment fund ICG, values ​​the cybersecurity and big data activities of Atos, grouped in its Evidian branch, at the height of 4.2 billion euros. To finance this purchase, Onepoint plans to borrow 2.2 billion euros and raise another two billion.

“In order to carry out the transformation investments planned within the framework of the industrial project, the new group would have a long-term financing buffer of 500 million euros to complete the self-financed part”, adds Onepoint in its press release, which estimates that this marriage would complement the positions of the two structures in the cloud, architecture, data and cybersecurity markets.

A likely takeover

A daring, even chimerical operation. Onepoint, which achieves 400 million euros in turnover with its 3,000 employees, therefore wants to get its hands on a perimeter that weighs 4.9 billion euros in turnover and nearly 60,000 employees. But as pointed out Challengespostponing this takeover offer is probably only postponing the deadline for a sale.

The press had already mentioned the interest of the defense electronics manufacturer Thales, the aeronautics giant Airbus and the telecom operator Orange for these very profitable activities. In the midst of a stock market collapse, Atos resolved last June to announce a split project, by separating its growing activities in cybersecurity and big data from its outsourcing activities. The operation should be finalized during the second half of 2023.

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