Atos Continues Cybersecurity Buying Spree With In Fidem Acquisition

Montreal’s In Fidem brings expertise in cloud security, digital identity, risk management, security operations, digital forensics and cyber breach response, along with 100 specialists that will join Atos’ cybersecurity team.

French solution provider Atos is further backstopping its North American cybersecurity stance with the acquisition of In Fidem, a Canadian cybersecurity consulting firm.

Atos on Tuesday said it has an agreement to acquire the 15-year-old, Montreal-based In Fidem, which specializes in information security management. The companies did not disclose terms of the deal, which is expected to close in the first quarter.

In Fidem, which also has offices in Quebec City and Ottawa, brings expertise in cloud security, digital identity, risk management, security operations, digital forensics and cyber breach response, along with 100 specialists that will join Atos’ cybersecurity team.

Atos sees many synergies between the two entities’ teams and business approach, according to Pierre Barnabé, its senior executive vice president and head of big data and cybersecurity. “This acquisition reinforces our position in a fast-growing cybersecurity market and is a key addition to our current cybersecurity business in North America,” Barnabé said in a statement. “In Fidem’s strong long-standing client relationships will bring added value to our teams.”

Atos lays claim to ranking as Europe’s largest managed cybersecurity services provider and the No. 3 player globally based on revenue, citing research firm Gartner.

“We are convinced that Atos capabilities, combined with our portfolio and expertise, will generate added value to our customers and product teams,” In Fidem CEO Matthieu Chouinard said in a statement.

Atos last year extended its identity and access management offerings with Evidian IDaaS, a new identity-as-a-service solution. Available by subscription from the cloud, the solution manages on-premises, cloud-based and as-a-service applications. It also launched a new cloud security posture management service powered by Palo Alto Networks’ Prisma cloud technology – a multi-cloud managed service to address public cloud adoption challenges with visibility, control and compliance from a single pane of glass.

In Fidem is the 13th acquisition target for Atos in the last year or so.

This week, it made an unsolicited “friendly” offer to acquire DXC Technology, a Tysons, Va.-based IT services company, for a reported $10 billion.

In the security arena, Atos in December completed its acquisition of SEC Consult Group, a cybersecurity consulting provider based in Vienna, Austria, that will allow it to expand into new cybersecurity areas, including specific security testing domains, SAP penetration testing, red teaming and incident response capabilities, and new regions including Singapore, Thailand and Malaysia. Atos last month also said it reached a deal to acquire Motiv ICT Security, a Netherlands-based cybersecurity company specializing in managed security services and security operation center services that would expand its capabilities in threat detection and response.

In October, Atos finalized its purchase of Reston, Va.-based cybersecurity company Paladion, an artificial intelligence-driven managed detection and response provider with 800-plus employees and cybersecurity experts. It also closed its deal for Paris’ digital.security, a cybersecurity player in France, Belgium, the Netherlands and Luxembourg, and a subsidiary of Puteaux, France-based Econocom Group.