Atos, which has a Top 250 MSSP business, has acquired In Fidem to expand its cybersecurity services portfolio and expertise in Canada, according to a prepared statement. The acquisition is expected to be finalized by the end of March.
This is M&A deal number 30 that MSSP Alert and sister site ChannelE2E have covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here. Also, see all MSSP mergers here.
Atos Acquires In Fidem: Company Background
In Fidem will bring its network of more than 100 specialists to Atos's cybersecurity team, the companies said. It also will help Atos address cybersecurity challenges for private and public organizations across Canada.
In Fidem is a Canadian cybersecurity consulting firm with expertise in the following areas:
In Fidem reinforces Atos's position in a fast-growing cybersecurity market, said Pierre Barnabé, senior EVP and head of big data and cybersecurity at Atos. The company is expected to help Atos expand its global cybersecurity market presence.
A Closer Look at Atos and the M&A Market
In addition to buying Fedem, Atos may be trying to acquire Secureworks from Dell Technologies, MSSP Alert reported last week.
Atos of Paris, France, has been very active in the M&A market. The global IT consulting firm has acquired or pursued at least 12 companies over the past year. Key M&A focus areas have included artificial intelligence, public cloud services, analytics, automation and healthcare IT services and ServiceNow and Google Cloud Platform (GCP) partners.
In the cybersecurity and MSSP markets, Atos acquisitions include:
Atos ranks first among European businesses in cybersecurity, cloud and high-performance computing, according to the company. It employs 110,000 workers and has an annual revenue of approximately € 12 billion (nearly $14.6 billion).
