Atos Buys Cryptovision
French IT service provider Atos has bought German cryptography specialist cryptovision, a leading provider of modern cryptography solutions.
French IT service provider Atos has bought German cryptography specialist cryptovision, a leading provider of modern cryptography and solutions for secure digital identities. The acquisition is intended to strengthen Atos’s cybersecurity offering and its business in both the public and defence sectors in Europe.
cryptovision was founded in 1999 in Gelsenkirchen and designs, develops and implements cryptography software, cybersecurity solutions and hardware. The NATO-recognised company has a history of addressing digital security challenges for organisations, particularly in the public, defence and other regulated sectors with demanding security standards. The merger of the two companies will enable numerous synergies for the go-to-market approach in the future. Atos will benefit from cryptovision’s strong network of resellers and global technology partnerships in the e-ID markets.
cryptovision was advised on the transaction by Zuhorn & Partner, as well as SATELL lawyers and K&L Gates, while Atos was advised by Baker & MacKenzie and Latham & Watkins. Floris Capital GmbH acted as transaction advisor. Zuhorn & Partner’s team included Friedrich Brus (Lead / Corporate), Dr Dirk Zuhorn and Fabian Traphan (both Corporate).