"The move marked 'a decisive step for France's technological sovereignty,' economy minister Roland Lescure said in a statement - a concern that has shot to the top of the agenda in Europe amid transatlantic tensions."
"Bull has around 3,000 employees worldwide and revenues of €720 million in 2025, up 16 percent year-on-year."
"'We are the only European player capable of building computers and systems suited to AI,' Bull chief Emmanuel Le Roux told AFP."
"'Being spun off gives us the agility required to respond to a market undergoing far-reaching transformation,' he added."
France's government has purchased the supercomputing division of Atos, now solely owned by Paris. This acquisition is seen as crucial for France's technological sovereignty amid rising European concerns. The Atos spinoff, Bull, valued at €404 million, employs around 3,000 people and anticipates €720 million in revenue by 2025. Bull has developed Europe's first exascale supercomputer and plans to produce a hybrid quantum-classical computer within five years, aiming for 80% European components in future projects.
Read at The Local France
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