Chapsvision: The latest figures, news and market research on Chapsvision

Turnover: 100 million EUR (2022)

Country: France

Artificial intelligence: Systran returns to France 11/01/2024

Systran was under Korean control for ten years.
The French group ChapsVision took over Systran, which is a service provider for the French Ministry of the Armed Forces, various foreign governments and several US intelligence agencies.
ChapsVision won the Systran takeover against Britain's XTM and Hungary's memoQ.
Systran was taken over by France's WTC in 1985, but was sold in 2014 to Korea's CSLI for 37 million euros.
In 2020, translation software expert Systran was taken over by Korean investment companies STIC, KIP and a Korean branch of SoftBank.
Systran's sales increased from 16 to 20 million euros between 2021 and 2022.
40% of Systran's sales come from governments, including France, US intelligence agencies and countries such as the United Arab Emirates and Singapore.
Systran generates 70% of its revenues internationally.
Systran is actively used by the private sector, including banks.
ChapsVision has made its eighteenth acquisition in four years with Systran.
ChapsVision is making progress on the OTDH project for DGSI data processing.
ChapsVision has been selected by the DGSI after two phases of examination.

Risk & Co cyber acquired by Chapvision 21/10/2023

ChapsVision, like Orange, aims to become a major player in cybersecurity services and software, similar to the American company Palantir.
ChapsVision has made 17 acquisitions since its creation in 2019.
ChapsVision aims to achieve sales of €180 million by the end of the year.
Since January, ChapsVision has completed four acquisitions, including Owlint, Acic, Geotrend and Qwam.
To win the Risk & Co acquisition, ChapsVision teamed up with the Ingérop group and offered around €2 million for the Risk & Co business unit, which generates around €15 million in sales.
ChapsVision has taken over just under sixty Risk & Co employees

ChapsVision aims to become a European leader in intelligence and an alternative to Palantir 21/10/2023

ChapsVision raised €90 million at the end of September.
ChapsVision has acquired around fifteen companies since its creation in 2019.
ChapsVision has 600 customers in France. and has offices in several French cities including Paris, Lille, Nancy, Strasbourg, Bordeaux, Toulouse, Aix-en-Provence and Montpellier, and its headquarters are in Suresnes.
ChapsVision's initial target was to reach sales of 250 million euros by 2024.
ChapsVision expects to reach sales of 180 million euros by the end of 2023.

ChapsVision, the "French Palantir", raises 90 million euros 03/10/2023

ChapsVision recently completed a €90 million round of financing.
The fund-raising was led by Qualium Investissement, with the participation of Geneo, Tikehau Capital and Bpifrance.
In 2022, the company had already raised 100 million euros.
ChapsVision was founded in 2019 by Olivier Dellenbach.
The company has made fifteen acquisitions since its inception.
ChapsVision currently has around 600 employees.
The company works on behalf of 500 customers, 60% of whom are represented by the public sector (Ministry of the Armed Forces, Ministry of Justice, etc.).
The company is forecasting sales of 110 million euros for 2023, with an Ebitda of 20%.
The company's objective is to reach sales of 250 million euros by the end of 2024.
ChapsVision is in the running for the DGSI's "OTDH" (Heterogeneous Data Processing Tool) project.
Competition for the OTDH project comes from the Athea alliance between Atos and Thales.

Chapsvision, Europe's crack in cybersecurity 05/04/2023

Chapsvision foundation: 2019
- Chapsvision selected for the first phase of the OTDH (Outil de traitement des données hétérogènes) project, the mass data analysis platform of the Direction générale de la sécurité intérieure (DGSI).
- For the second phase, it will be up against Athea, the joint venture between Atos and Thales, and Lyon-based Blueway.
- Acquisition of a dozen French nuggets by Chapsvision (Deveryware, Ockham, Bertin IT, Vecsys, Coheris)
- Sales forecast for 2023: between 160 and 180 million euros
- Fundraising in 2022: 130 million euros - Ebitda in 2022: 15%.

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