Atos, a digital transformation company listed on the CAC40 Paris stock index, today announced that it has signed an agreement to acquire cv cryptovision GmbH, a Gelsenkirchen, Germany-based leader in cryptographic products and solutions for securing digital identities.
The amount of the deal – expected to close by end of Q3 2021 and is subject to the approval of the local governance and regulatory bodies of both parties – was not disclosed.
This acquisition will strengthen Atos’ cybersecurity product lines and its business in the public sector and defense market in Europe. Atos will benefit from cryptovision’s network of resellers and global technology partnerships in the e-ID markets. cryptovision will benefit from Atos’ relationship with European government customers and the Group’s ability to deliver end-to-end integrated solutions on national and international scale.
Founded in 1999 by Markus Hoffmeister, CEO, cryptovision designs, develops and implements cryptography software, security solutions and hardware products. The company addresses various industries such as public administration, health, auto-motive, finance & insurance, energy or IT. Its customers include countries such as Nigeria, Ghana and Ecuador, institutions such as the German Armed Forces, the German Federal Office for Information Security (BSI), the city of New York and companies such as E.ON, VW and Allianz.
Atos is a global leader in digital transformation focused on cybersecurity, cloud and high performance computing with 105,000 employees and annual revenue of over € 11 billion. The group provides tailored end-to-end solutions for all industries in 71 countries.