‘By supporting the emergence of Bull, we are choosing strategic independence,’ said France’s minister delegate for artificial intelligence and digital affairs.
France has completed its acquisition of 100pc of the capital of supercomputer maker Bull from Atos Group, in a deal that marks a “major step forward for French and European technological sovereignty”.
The acquisition, the completion of which was announced yesterday (31 March), is expected to boost France and Europe’s tech sovereignty, particularly in the areas of high‑performance computing, AI and quantum technologies, according to the French state and Bull. The French state is now the sole shareholder of Bull.
“The revival of Bull as an independent company supported by the French state marks a decisive step in our history,” said Emmanuel Le Roux, CEO of Bull. “With a long‑term strategic shareholder, we are strengthening our position as a trusted industrial partner across the entire value chain of high‑performance computing, quantum computing and artificial intelligence.”
The deal to acquire Bull from Atos Group was first agreed in July of last year, when France agreed to pay an enterprise value of up to €404m for the company.
